By PR Newswire
STOCKHOLM, Feb. 4, 2021 First OXE125-200 assembly in USA. In-line with the manufacturing agreement between OXE Marine AB (NASDAQ STO: OXE) (OTCQB: CMMCF) and Outdoor Network Manufacturing (ONM), start of assembly of OXE125-200 has been initiated by ONM in Albany (GA, USA).
The development of the production set up in the USA has proceeded as planned, in line with the goal to initiate production of OXE125-200 in Albany (GA, USA) early this year. Production set up and initial assembly of units are on-going with support from OXE Marine personnel on site.
The first production units from the assembly will undergo rigorous testing to ensure that stringent demands on endurance, reliability, power and control are sustained.
OXE Marine AB continue in-house production of OXE Diesel units to meet market demand, ensuring a constant supply of engines to the market.First OXE125-200 assembly in USA start of assembly initiated by ONM in Albany
Certiff development, constructed the OXE Diesel, the world’s first diesel outboard engine in the high-power segment. The Company’s unique patented engine-to-propulsion power transmission solutions have led to high demand for the Company’s engines worldwide.
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First OXE125-200 assembly in USA |
About OXE Marine:
OXE Marine develops and manufactures a patented outboard transmission, enabling the use of high torque diesel engines on outboard systems and in sterndrive solutions. During summer 2016 OXE Marine launched OXE Diesel. The world’s first high performance diesel outboard engine, setting new standards for durability, fuel-efficiency and low emissions. The development and production setup is made in cooperation with General Motors and Marine Diesel of Sweden.
This news was shared to Prittle Prattle News via press release.
