LONDON, 16 Feb. 12, 2022 (GLOBE NEWSWIRE) — VivoPower International PLC (NASDAQ: VVPR) (“VivoPower”, the “Company”) is pleased to announce that its wholly-owned subsidiary in Australia, Kenshaw Electrical Pty Limited (“Kenshaw”), completed its move to a new headquarters and workshop to support the company’s expanding operations.
Located in Cardiff, New South Wales, the new 10,000 square meter (108,000 square foot) facility offers 2,763 square meters (29,740 square feet) of workshop and office space, an increase of 85% from compared to Kenshaw’s previous location. The sprawling modern building features three overhead cranes and a 1,000 amp power supply to accommodate increasingly important critical power utility projects for Kenshaw’s growing customer base, including data center, mining and resources, healthcare, infrastructure and manufacturing industries.
adam malcolm, General manager of Kenshawnoted: “The past few years have been a time of exciting growth and transformation for Kenshaw, albeit punctuated by disruptions related to COVID-19 lockdowns, particularly over the past 12 months. This relocation will enhance our business and service capabilities, ensuring that the expectations of existing and new Kenshaw customers are not only met, but exceeded. With Australia’s international and domestic borders reopening, we expect the industry’s tailwinds to resume with a rebound in activity over the coming year. I look forward to continuing the development and expansion of our business in the new home of Kenshaw.
VivoPower is a sustainable energy solutions company focused on battery storage, electrical solutions for custom and hardened fleet applications, solar and critical energy technology and services. The main objective of the Company is to provide its customers with turnkey decarbonization solutions that allow them to evolve towards a net zero carbon status. VivoPower is a Certified B Corporation with operations in Australia, Canada, Netherlands, United Kingdom, United States and United Arab Emirates.
Kenshaw is a wholly owned subsidiary of VivoPower in Australia. Founded in 1981, Kenshaw offers a differentiated combination of critical electrical power, critical mechanical power and non-destructive testing capabilities for customers across a range of industries. Kenshaw specializes in:
- design of generators, sale and turnkey installation;
- generator maintenance and emergency breakdown services;
- maintenance and repair of electric motors;
- custom engine modifications;
- non-destructive testing services, including crack testing;
- diagnostic tests such as engine tests, oil analysis, thermal imaging and vibration analysis; and
- industrial electrical services.
This communication includes certain statements that may constitute “forward-looking statements” for purposes of US federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “could”, “plan”, ” possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of such words does not mean that a statement is not prospective. Forward-looking statements may include, for example, statements about the benefits of Kenshaw’s new facility or the future growth of Kenshaw’s business. These statements are based on the current expectations or beliefs of VivoPower’s management and are subject to risks, uncertainties and changes in circumstances. Actual results may vary materially from those expressed or implied by these statements due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, the intensity of competition from other product providers and services, changes in general economic conditions, geopolitical events and regulatory changes and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information presented here should be read in light of these risks. VivoPower has no obligation and expressly disclaims any obligation to update or change its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.