John Simourian II, President and CEO, states, “Lily is committed to continuously reducing fuel usage and fuel cost for our customers. In addition, we continually seek to have a positive impact on the communities that we travel through, and our growing use of clean, green, American natural gas fuel for our trucks will help us achieve that objective. We believe that natural gas will become the preferred fuel for transporters, and better yet, it’s good for American jobs, American energy independence, and therefore America.”
A subsidiary of Guest Services, Inc., Lancaster Foods is the largest wholesale produce company in the U.S. Mid-Atlantic region. The company — focused on replenishing high-volume wholesalers and responding to fill-in demand — has begun its transition to natural gas power with a new fleet of CNG temperature-sensitive refrigerated trucks. The Clean Energy CNG public access station at Baltimore/Washington, DC International Airport will provide fueling service to the Lancaster trucks.
Doug Verner, Vice President of Corporate Sustainability, noted "These vehicles will make a major contribution to our company-wide efforts to reduce carbon emissions. We are looking forward to expanding our CNG-powered fleet in the future."Priced up to $1.50 or more per gallon less than diesel fuel (based on current market conditions) the use of natural gas fuel reduces costs significantly for vehicle and fleet owners, and lowers greenhouse gas emissions up to 23% in medium to heavy-duty vehicles. Additionally, natural gas is a secure North American energy source, with 98% of the natural gas consumed produced in the U.S. and Canada. Clean Energy (Nasdaq: CLNE) is the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle fueling market. We have operations in compressed natural gas (CNG) and liquefied natural gas (LNG) vehicle fueling; construction and operation of natural gas fueling stations; compressor equipment and technology; biomethane production; and vehicle conversions. We fuel over 530 fleet customers and 25,000 vehicles at more than 273 strategic locations across the country, with a broad customer base in the refuse, transit, trucking, shuttle, taxi, airport and municipal fleet markets. We are building America’s Natural Gas Highway™, a network comprised initially of 150 planned LNG truck fueling stations connecting major freight trucking corridors across the country. IMW Industries, Ltd., a wholly owned subsidiary, is a global supplier of compressed natural gas equipment for vehicle fueling and industrial applications with more than 1,400 installations in 26 countries. NorthStar, a wholly owned subsidiary, is the recognized leader in LNG/LCNG (liquefied to compressed natural gas) fueling system technologies and equipment, station construction and operations. It has built approximately 70% of the LNG fueling stations in the United States. BAF Technologies, Inc., a wholly owned subsidiary, is a leading provider of natural gas vehicle systems and conversions for taxis, vans, pick-up trucks and shuttle buses. It has converted more than 15,000 vehicles. Clean Energy Renewable Fuels (CERF), a wholly owned subsidiary, is developing renewable natural gas (RNG), or biomethane, production facilities in the United States. CERF owns (70%) and operates a landfill gas facility in Dallas, Texas that produces RNG for delivery in the nation’s gas pipeline network for power generation and transportation fuel. CERF is building a second facility in Canton, Michigan. We own and operate LNG production plants in Willis, Texas and Boron, California with combined capacity of 260,000 LNG gallons per day, and that are designed to expand to 340,000 LNG gallons per day as demand increases. For more information, visit www.cleanenergyfuels.com. Forward-Looking Statements — This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including statements about the deployment of natural gas vehicles, the number and location of stations to be included in America’s Natural Gas Highway, the timing for the completion of construction of these stations, the benefits of natural gas relative to diesel fuel, and expectations about the future adoption of natural gas as a vehicle fuel. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors, including, but not limited to, the performance, availability and benefits of natural gas trucks relative to gasoline and diesel trucks, permitting or other delays encountered during the identification of locations for, and the construction of, natural gas fueling stations, including those stations planned for America’s Natural Gas Highway, and the price per gallon of natural gas fuel relative to diesel and gasoline. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents the Company files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.
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