American Natural Gas Completes Extensive Upgrades to 18 Fueling Stations to Support Efficient, Expedient, and Reliable Customer Experience

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American Natural Gas Completes Extensive Upgrades to 18 Fueling Stations to Support Efficient, Expedient, and Reliable Customer Experience

Unveils New Website and Alert System to Provide Latest Pricing and Station Information

Saratoga Springs, N.Y., November 16, 2017 – American Natural Gas (“ANG”), a premier distributor of alternative motor fuels, and an operating subsidiary of HC2 Holdings, Inc. (NYSE: HCHC), announced today the comprehensive modernization of 18 recently-acquired compressed natural gas (“CNG”) fueling stations across the Midwest, Southwest, and West Coast.

The extensive upgrades include: Rebuilt compressors to improve reliability and add remote access controls and 24-hour surveillance systems; New Bennett Crind dispensers at seven of the locations with NGV1 and NGV2 nozzles for exact temperature compensation; Upgraded IT systems to support remote monitoring; and upgraded POS systems for a seamless customer experience.

In tandem with the station upgrades, ANG also unveiled a new corporate website, www.AmericanNaturalGas.com, which features an interactive Station Locator Map and a personalized email and text messaging alert system for customers that will help ensure that every user is well informed about any changes at a station, planned lane closures, etc.

“Based on driver feedback, problem-solving with our partners, and sourcing the most powerful equipment available, we have completely transformed these fueling stations. Coupled with our new web-based alerts system, we believe we are raising the bar on customer service in the CNG industry,” said Drew West, Chief Executive Officer of ANG. “We encourage everyone to check out the most beautiful, powerful, and reliable network of CNG stations in the country by visiting our new corporate website and interactive map.”

West continued, “CNG is the best choice for those in the transportation industry that want to adopt a reliable, ultra-clean-burning technology. And with exciting changes on the horizon such as renewable natural gas with a 115% reduction in overall emissions and the new Cummins Westport zero emissions CNG engines, we’re seeing demand dramatically increase.”

“As anyone in the CNG industry knows, the difference is in the fueling experience, and these stations now represent the state of the art in the industry,” said Brent Tesla, Vice President of Operations at ANG. “Our maintenance and operations team was involved in every step of the modernization process to ensure every detail was considered, and that these stations will surpass our customers’ expectations.”

The upgraded stations were recently acquired by ANG through the separate purchases of Constellation CNG, LLC, formerly a subsidiary of Constellation, and Questar Fueling Company, a subsidiary of Questar Corporation.

The upgraded stations are located at the following addresses:

Natural gas is the cleanest burning alternative fuel available that has the power to run heavy-duty vehicles. It is also quieter, safer, less expensive, and abundant in America.

CNG fleets can explore the company’s nation-wide network and register to receive station alerts at www.AmericanNaturalGas.com.

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About American Natural Gas, LLC

At American Natural Gas (ANG) the future is within reach and we can bring you closer. Through our growing network of Compressed Natural Gas stations for the transportation industry, we’re delivering opportunity to fleets across the country.  Our team of highly-trained strategists, designers and operations professionals is changing perspectives and increasing potential as we improve the CNG experience and move the alternative fuel industry forward.  ANG is a portfolio company within HC2 Holdings, Inc. (NYSE: HCHC).  To learn more, visit www.americannaturalgas.com.

About HC2

HC2 Holdings, Inc. is a publicly traded (NYSE: HCHC) diversified holding company, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. HC2 has a diverse array of operating subsidiaries across seven reportable segments, including Construction, Marine Services, Energy, Telecommunications, Life Sciences, Insurance and Other.  HC2’s largest operating subsidiaries include DBM Global Inc., a family of companies providing fully integrated structural and steel construction services, and Global Marine Systems Limited, a leading provider of engineering and underwater services on submarine cables. Founded in 1994, HC2 is headquartered in New York, New York.  Learn more about HC2 and its portfolio companies at www.hc2.com.

Cautionary Statement Regarding Forward-Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This release contains, and certain oral statements made by our representatives from time to time may contain, forward-looking statements. Generally, forward-looking statements include information describing actions, events, results, strategies and expectations and are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. The forward-looking statements in this press release include without limitation statements regarding the beliefs and assumptions of ANG’s management. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and the Company’s actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of important factors, both positive and negative.  Such important factors include, without limitation, issues related to our ability to realize efficiencies, cost savings, income and margin improvements, growth, economies of scale and other anticipated benefits of strategic transactions; and difficulties related to the integration of financial reporting of acquired or target businesses; effects of litigation, indemnification claims, and other contingent liabilities.

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