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Oakridge Global Energy Solutions (OTCMKTS:OGES) has moved into 68,718 square foot facility for corporate offices and small format cell manufacturing, located in Brevard County, Florida.
Oakridge Global Energy Solutions (OTCMKTS:OGES) has moved into 68,718 square foot facility for corporate offices and small format cell manufacturing, located in Brevard County, Florida.
As quoted in the press release:
Oakridge Executive Chairman and CEO, Steve Barber, has, through the majority ownership of Oakridge Global Energy Solutions (OGES) by Precept Fund Management SPC (“Precept”), funded the creation of a major full-scale manufacturing facility for OGES in Brevard County, Florida, in Melbourne and Palm Bay. Steve Barber stated “We had simply outgrown our previous 12,000 square foot facility at North Drive. This new facility will provide us the space to increase our maximum production of small format lithium cells from 250,000 per year to 25,000,000 cells per year while also providing us with an opportunity to expand on this site.”
Over the course of the next 18 months Oakridge Global Energy Solutions (OGES) will ramp up and install more than 2.6 Gigawatt-hours of production capacity of U.S. manufacturing of electrodes, cells, and batteries in its facilities located in the Brevard County, Florida area, known as the Space Coast. This equipment is being housed in over 350,000 square feet of new manufacturing space.
Oakridge Global Energy Solutions Corporate Headquarters
Oakridge Executive Chairman and CEO, Steve Barber, stated:
We have completed the restructure, have taken the brakes off, and are moving ahead full speed. We are very pleased with the new corporate facility. The city of Palm Bay, Florida has made us feel very welcome and we look forward to a very good long term relationship. Our business plan is simple; we provide high quality, competitively priced American made products to the consumer market.
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