{"id":1368,"date":"2015-05-21T17:49:32","date_gmt":"2015-05-21T17:49:32","guid":{"rendered":"https:\/\/plugpower.local\/?p=1368"},"modified":"2022-02-22T14:20:08","modified_gmt":"2022-02-22T19:20:08","slug":"plug-powertrip-visits-the-big-apple","status":"publish","type":"post","link":"https:\/\/www.plugpower.com\/plug-powertrip-visits-the-big-apple\/","title":{"rendered":"Plug POWERTrip Visits the Big Apple"},"content":{"rendered":"

May 21, 2015<\/p>\n

The Plug POWERTrip \u2013 our six-city investor road show \u2013 spent the day in the Big Apple. With stage and products set up inside the InterContinental Times Square in New York, NY, we welcomed investors to our annual meeting and the second stop on our tour.<\/p>\n

CEO Andy Marsh kicked off his presentation saying, \u201cThis is the only time I\u2019ll get to say this. Live from New York!\u201d It\u2019s not Saturday Night Live, but it IS the Plug POWERTrip. Andy went on to highlight Uline, Inc. as a new GenKey customer. Uline, a family-owned business, is the leading distributor of shipping, industrial and packaging materials to businesses throughout North America, offering more than 30,000 products. The initial deployment of GenDrive units will be powering the forklift fleet at one of Uline\u2019s distribution centers in Pleasant Prairie, WI. Additionally, Uline will deploy a second fleet of GenDrive-powered lift trucks into a newly constructed facility in the coming months. Uline distributes from twelve branches located across the US, Canada and Mexico. Read about our new customer here: http:\/\/www.ir.plugpower.com\/news<\/a>.
\n\"Andy_NY\"<\/a><\/p>\n

Andy rounded out his presentation with an overview of Plug Power\u2019s 2015 strategic goals, as well as a discussion of several recent successes, before turning the stage over to Chief Financial Officer, Paul Middleton.<\/p>\n

\"NY_PaulCrowd\"<\/a><\/p>\n

Paul discussed the Company\u2019s financial strategy to grow the business by 50% in 2015 and into a $500M business in three to five years. He began by asking the audience to visualize the annual meeting in 2020, with Plug Power as a company earning well in excess of $500M in revenue. He then went on to talk about how we plan to get there.<\/p>\n

\"GrowthSlide\"<\/a><\/p>\n

Paul ended his presentation saying, \u201cOur story has been a bit of a nail biter. It\u2019s exciting to see glimpses of how it\u2019s going to turn out. We look forward to meeting you all here in 2020 to celebrate how we have achieved our goals.\u201d<\/p>\n

Following management presentations, the floor was open for a robust Q&A session and we were not disappointed by the questions from our investors and analysts. Some of the questions included whether we see ourselves providing hydrogen for cars (it\u2019s a possibility as we grow our hydrogen network), whether we have the capacity to meet our customers\u2019 needs for fuel cells (yes for today and into the future) and whether there has been any interest in GenDrives for autonomous material handling equipment (yes, we\u2019re already doing it with customers including Bridgestone). We were also asked to speak about the challenges of serving small customer sites with less than 50 forklifts in their fleets and about how we ensure future sales to current customers. For the answers to those, you\u2019ll have to listen to the webcast replay linked below.<\/p>\n

\"Q&A\"<\/a><\/p>\n

If you were not able to join us in New York, you can listen to the webcast replay here: http:\/\/www.plugpowertrip.com<\/a> and take a virtual tour of our facilities here: https:\/\/youtu.be\/xnM1xmeteCk<\/a><\/p>\n

Next, we\u2019ll be flying across country to meet with investors in San Francisco, CA on Wednesday, May 27th<\/sup>. Our road crew will be making the drive across the country in the Plug POWERTrip truck!\u00a0\u00a0 If you see us, snap a photo and post it to our Facebook page and we\u2019ll send you a Plug Power travel mug.<\/p>\n

\"PPTTruck\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

May 21, 2015 The Plug POWERTrip \u2013 our six-city investor road show \u2013 spent the day in the Big Apple. With stage and products set up inside the InterContinental Times Square in New York, NY, we welcomed investors to our annual meeting and the second stop on our tour. CEO Andy Marsh kicked off his ...<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[2],"tags":[],"yst_prominent_words":[482,371,539,361,545,533,521,519,543,540,546,179,167,326,332,544,547,541,525,542],"class_list":["post-1368","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"aioseo_notices":[],"yoast_head":"\nPlug POWERTrip Visits the Big Apple - Plug Power<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.plugpower.com\/plug-powertrip-visits-the-big-apple\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plug POWERTrip Visits the Big Apple - Plug Power\" \/>\n<meta property=\"og:description\" content=\"May 21, 2015 The Plug POWERTrip \u2013 our six-city investor road show \u2013 spent the day in the Big Apple. 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