New Jersey order for diesel retrofit

New Jersey order for diesel retrofit

Ian Gilson, CFA

The New Jersey Department of Environmental Protection Mandatory Diesel Retrofit Program (NJDEP) has awarded Clean Diesel (CDTI - Analyst Report) orders for over $1.7 million. The company's Purifilter Plus diesel particulate filter system was approved by the NJDEP for retrofitting trucks with equipment to reduce soot emissions from certain vehicles such as tow trucks and dump trucks. The purchase and installation is paid for by the NJDEP. All owners of such trucks had to submit a inventory/retrofit cost estimate to NJDEP be September 8, 2011 and the NJDEP will conduct a review of these costs and authorize the retrofit and reimbursement of expense. The NJDEP website is:

www.stopthesoot.org

The revenue from this order should be included in the fourth quarter of 2011.

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