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Oakridge Global Energy Solutions Is Positioned For Growth as The Only Made in USA Lithium-ion Battery Producer
Oakridge Global Energy Solutions (OTCMKTS:OGES), head-quartered in Melbourne, Florida, has positioned themselves as the only “Made in the USA” lithium-ion battery system producer. Oakridge Global Energy Solutions uses existing proven technology coupled with its proprietary chemistry to produce safe, cost competitive lithium-ion products of the highest quality targeted to the golf car, remote control and unmanned aerial vehicle markets and home energy storage markets.
Oakridge Global Energy Solutions (OTCMKTS:OGES), head-quartered in Melbourne, Florida, has positioned themselves as the only “Made in the USA” lithium-ion battery system producer. Oakridge Global Energy Solutions uses existing proven technology coupled with its proprietary chemistry to produce safe, cost competitive lithium-ion products of the highest quality targeted to the golf car, remote control and unmanned aerial vehicle markets and home energy storage markets.
Oakridge currently has confirmed orders of $19.3 million backlogged in the US, additional orders of $50 million in the US and Australia that are awaiting firm delivery schedule and further $110 million of orders from Japan awaiting firm delivery schedule
Oakridge is also undergoing an expansion, which will take its current 50-plus employee operation to a 1,000-plus employee operation by the end of 2018. For its efforts, the company will receive nearly $9 million in property tax breaks from Brevard County, Florida over eight years.
Oakridge Global Energy Solutions CEO, Steve Barber, stated:
This company is specifically orientated and has been consciously focused to be the poster child of the onshoring movement. We’ve got such a great response from the customer base – which is why we’ve got $50 million in back orders, growing, growing, growing… and the fact that we get such great support from the county and the city.
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