2021-02-04 11:40News

First OXE125-200 assembly in USA

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Outdoor Network Manufacturing (ONM) has initiated start of assembly of OXE125-200

In-line with the manufacturing agreement between OXE Marine AB (NASDAQ STO: OXE, OTCQB: CMMCF) and Outdoor Network Manufacturing (ONM), start of assembly of OXE125-200 has been initiated by ONM in Albany (GA, USA).

The development of the production set up in the USA has proceeded as planned, in line with the goal to initiate production of OXE125-200 in Albany (GA, USA) early this year. Production set up and initial assembly of units are on-going with support from OXE Marine personnel on-site.

The first production units from the assembly will undergo rigorous testing to ensure that stringent demands on endurance, reliability, power and control are sustained.

OXE Marine AB continues in-house production of OXE Diesel units to meet market demand, ensuring a constant supply of engines to the market.


About OXE Marine AB

At OXE Marine we are driven by the ambition to transform the outboard motor; impacting the journey towards a more sustainable and ecologically positive marine environment. We are passionate, knowledgeable, and reliable. Passionate to commit to innovation and excellence, knowledgeable to recruit and retain high-quality personnel, and reliable to commit to supplying safe, durable, and reliable products and services and to openness and fairness with all our stakeholders. OXE Marine believes in a strong collaborative approach between our teams and partners while being daring and persistent in our passion for excellence. OXE Marine was founded in 2012, and is the company behind a patented outboard transmission, enabling the use of high torque diesel engines on outboard systems and in sterndrive solutions.


Contacts

Paul Frick
CEO
Paul Frick