As previously announced in August, Pegaco Bus, a leading dealer of CNG buses in Peru, acquired a 50 percent ownership position in Omnitek Peru. “Peru, a region that is committed to capitalizing on record low natural gas prices and reduced emissions levels, continues to represent an important growth market for our company. Fleet and bus operators are attracted to our proven and reliable conversion technology, as well as a less than one year return on investment,” said Werner Funk, president and chief executive officer of Omnitek Engineering Corporation.
Separately, the company said that its partner in Juarez, Mexico has completed an initial conversion of a Mercedes bus with an OM906 diesel engine to natural gas under a demonstration project in cooperation with the local gas company. The demonstration period is expected to conclude by year end, with initial results surpassing expectations with more than 40 percent fuel savings.
The company added that its conversion kit development program for the Navistar DT466 and Mack E7 engines is completed and EPA certification testing is on track.
Source: Omnitek Engineering, Corp.