Odyne Systems President and Chief Executive Officer, Joe Dalum, welcomed Wisconsin Governor Scott Walker during a visit to the company February 18.
Governor Walker spoke before employees of Odyne Systems, a leading manufacturer of hybrid systems for medium- and heavy-duty trucks, and DUECO Inc, one of Odyne’s final-stage installers of the energy saving systems. In his message, covered by local news CBS 58, WITI – TV Fox 6 News and WTMJ 4, Governor Walker expanded on his recent announcement that his new state budget, which will be delivered Wednesday, includes a $25 million investment capital fund that he indicated would help create jobs by investing in startup and emerging companies in Wisconsin.
In remarks preceding Governor Walker’s comments, Odyne President and CEO, Joe Dalum noted that timely funding from the State of Wisconsin was important to Odyne’s ability to ramp up for the next stage of growth in the company.
Odyne is a leader in plug-in hybrid systems and has developed proprietary and patented hybrid technology featuring robust automotive grade components combining reliable electric power conversion, power control and energy storage technology with advanced electric propulsion motors and modular lithium-ion battery systems. The Odyne hybrid power system interfaces with Allison Transmission’s industry-leading fully-automatic transmissions and Johnson Controls' modular lithium-ion battery systems, and other robust, proven automotive quality components. Odyne systems are applicable on a wide variety of truck chassis in various applications and are sold through a worldwide distribution network including DUECO, Terex Utilities and Altec. The system reduces fleet operating and maintenance costs, and, depending on duty cycle, enables large trucks to obtain fuel economy improvements of up to 50% or more compared to traditional diesel or gasoline engines.
