Yahoo Finance Worksport Approves Manufacturing Line for Shipment to Western New York Factory
Richmond Hill, Ontario, Canada, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to announce that the custom European manufacturing line it commissioned has passed a rigorous on-site inspection and will now be readied for shipping to the Company's 222,000 sq. ft. factory in Western N.Y. The US$4 million machine -- essential to begin production of Worksport's American-made hard folding truck covers -- is expected to arrive this March.
"With the expected delivery of this custom-built machine, we are now on the verge of being able to produce the major components for our proprietary and patented hard-folding tonneau covers right here in our American factory," said Worksport CEO Steven Rossi. "It is a very exciting and much-anticipated Company milestone, as once the machine is operational and staff is trained, we then can move to produce our hard folding tonneau covers and advance closer to building the SOLIS Solar Cover with all that it represents for the Company's future growth. The focus will then move to revenue growth. As always, we look forward to updating investors on Worksport's progress in bringing its innovative products to the market."
About Worksport Ltd.
Worksport Ltd. (Nasdaq: WKSP; WKSPW), through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport Ltd. seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. For more information, please visit www.worksport.com
Connect with Worksport:
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For additional information, please contact:
Steven Obadiah
Investor Relations
Worksport Ltd.
T: 1-(888) 506-2013
E: investors@worksport.com
W: www.worksport.com
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