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Home > Company Index > Manufacturing > Miscellaneous Electrical Products > Nuvera Fuel Cells, Inc.
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Nuvera Fuel Cells, Inc. |
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PROFILE |
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Nuvera Fuel Cells hopes to send the internal combustion engine to the scrap heap. The company is developing clean-burning fuel processors and fuel cell systems for cars, buses, telecommunications backup systems, and even consumers' homes. Nuvera's fuel processors extract hydrogen from common fuels such as gasoline, methanol, kerosene, and propane. The extracted hydrogen can then be used in the company's proton exchange membrane (PEM) fuel cells to produce electricity. Nuvera was formed early in 2000 by the merger of Italy's De Nora Fuel Cells and Epyx Corp. (a division of Arthur D. Little, Inc.). De Nora owns 36% of Nuvera; Arthur D. Little, Inc., owns 28%; and energy giant Amerada Hess owns 13%.
COMPETITION |
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Avista Corporation (AVA)
McDermott International, Inc. (MDR)
United Technologies Corporation (UTX)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 0.70
1-Yr. Sales Growth: 135.6%
Employees: 161
Revenue per employee: $4,347.83
KEY PEOPLE |
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Mark A. Brodsky
CEO
CONTACT INFO |
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15 Acorn Park
Cambridge, MA 02140
US
Phone: 617-498-6000
Fax: 617-498-6655
Online: Web Site
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