American Power Group, Inc. (OTCMKTS: APGI) is a development-stage company focused on the advancement and commercialization of clean energy systems for diesel-powered equipment. Founded in 2005 and headquartered in Tampa, Florida, the company has pursued the goal of reducing emissions and improving fuel efficiency by converting traditional diesel engines to operate on dimethyl ether (DME) and other cleaner alternative fuels. Over the years, American Power Group has built its technology platform around proprietary fuel injection and engine control systems designed to retrofit a range of heavy-duty vehicles and stationary generators.
The company’s flagship product offering is its DME-based engine conversion system, which integrates seamlessly with existing diesel engines to achieve significant reductions in particulate matter, nitrogen oxides and greenhouse gas emissions. By leveraging DME—a low-sulfur, non-toxic fuel derived from natural gas or biomass—American Power Group’s solutions provide environmental compliance benefits without necessitating extensive engine redesign. The company also develops supporting hardware and software controls to optimize engine timing, injection pressure and fuel-air ratios, ensuring reliable performance under various load conditions.
American Power Group serves customers across multiple geographies, with demonstrations and pilot projects conducted in North America, South America and Asia. The company has pursued partnerships in India and Brazil to license its technology for fleets of trucks, buses and industrial generators, working closely with regional distributors and fuel producers to build out supply chains for DME. In the United States, American Power Group collaborates with municipal transit authorities and waste management firms seeking to meet stringent emissions regulations while managing operating costs.
Under the leadership of Chairman and Chief Executive Officer Rick A. Altizer, American Power Group continues to refine its technology roadmap and explore strategic alliances with energy producers and engine manufacturers. The company’s management team draws on decades of experience in automotive engineering, alternative fuel research and international business development. As environmental regulations tighten globally, American Power Group positions itself to offer practical retrofit solutions that extend the service life of diesel assets while advancing cleaner transportation and power generation.
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