Torrance, CA March 7, 2011 - Landi Renzo USA (Landi Renzo) has partnered with Leggett & Platt Commercial Vehicle Products (L&P CVP) to implement alternative fuel systems using compressed natural gas (CNG). Landi Renzo is the global leader in alternative fuel systems design, manufacture, installation and service with over 40% global market share. L&P CVP, along with Landi Renzo, will display a Ford E250 commercial van upfit with a dedicated CNG alternative fuel system at the 2011 Green Truck Summit and Work Truck Show in Indianapolis, IN., from March 7-10. Andrea Landi, President of Landi Renzo commented, "Landi Renzo is proud to be partnering with Leggett & Platt to bring cost-effective and efficient CNG upfits to the U.S. fleet market. Their long history of innovation, high-quality standards and process management capabilities make them an ideal partner." The CNG Ford vans produced by L&P CVP meet strict SULEV emission requirements.
CNG Benefits: Reduced Cost, Foreign Dependence and CO2 Emissions
In developing vehicles that use CNG, L&P CVP and Landi Renzo are utilizing an alternative fuel that offers significant advantages over gasoline. With latest studies estimating a U.S. supply of natural gas that will last more than a century, CNG's per-gallon equivalent is 30% less expensive than gasoline. As oil prices continue to increase due to diminishing supply, CNG prices face no such threat. In many areas of the country there is already infrastructure in place to effectively operate NGVs [Natural Gas Vehicles] and more public-access fueling stations are becoming readily available.
The second major benefit of the use of CNG is the reduced dependence on foreign oil. With an abundant domestic supply, 85% of all natural gas used in the U.S. is produced domestically. Another major advantage of CNG is reduced CO2 emissions. Not only does CNG produce 25% less CO2 emissions than standard gasoline-powered engines, it also limits the amount of emissions released in transporting it due to its domestic production.
"The unwavering goal of L&P CVP continues to be meeting the changing needs and desires of our customers. To increase their efficiency, our customers have asked for alternative fuel options for their fleets and natural gas vehicles make economic sense," said John Fischer, VP New Business and Product Development for L&P CVP. "We also strived to make the conversion process seamless. Simply check the option code on the vehicle order form to route the vehicle through our alternative fuel ship-thru and have the vehicle delivered anywhere in the country. The CNG conversion adds no significant time to the process," continued Fischer.
Alternative Fuel System Installation
As a Qualified Vehicle Modifier (QVM) of Ford vehicles, L&P CVP will install Landi Renzo's CNG fuel system at its Ford ship-thru facility in Elyria, Ohio and will offer three and four tank options for installation on Ford's E-250 and E-350 Cargo and Passenger Vans. The 21 and 27 gasoline-gallon-equivalent tanks are part of a system that complies with the Federal Motor Vehicles Safety Standards and Regulations,is certified by the EPA, and is 50-state compliant through the California Air Resources Board. The L&P CVP/Landi Renzo CNG conversion system allows NGVs to perform just like gasoline vehicles, can be serviced by local dealers, and will be backed by a comprehensive warranty.
About Leggett & Platt Commercial Vehicle Products
Leggett & Platt Commercial Vehicle Products (L&P CVP) is a division of global diversified manufacturer Leggett & Platt, Inc. (NYSE: LEG). Headquartered in Atlanta, GA, Leggett & Platt CVP is a family of companies that provides a single source for commercial vehicle needs. Through its sub-brands Leggett & Platt CVP designs, manufactures and installs commercial vehicle interior systems, truck equipment and accessories under well-known brand names: a) Masterack, van interiors and truck accessories equipment designer, manufacturer and installer; b) Crown North America, automotive original equipment accessories program integrator; c) Team Fenex, mobile HVAC and power specialists; and d) Gamber-Johnson, rugged docking stations and vehicle mounts manufacturer. The L&P CVP family of companies includes 10 facilities in North America. For more information on L&P CVP, visit www.leggettcvp.com.
About Landi Renzo
Landi Renzo is the global leading supplier/installer of fuel systems to OEM projects. Landi Renzo USA will tap this depth of experience to offer final consumers the highest quality OEM grade alternative fuel systems available in the United States. Landi Renzo is the global leader in CNG and LPG fuel systems design, manufacture, installation and service with over 40% market share. Landi Renzo USA is headquartered in Torrance, Calif. Landi Renzo S.p.A. is traded on the Italian Stock Exchange Star Segment under the ticker symbol LR. For more information on Landi Renzo visit www.landiusa.com.
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