In preparation for production of OXE125-200 in Albany (GA, USA) the first shipment of OXE DIesel parts have been delivered. This represents an important milestone in preparing Outdoor Network Manufacturing (ONM) for production of the OXE Diesel in the USA.
We are all excited and proud to start up production in line with the manufacturing agreement between OXE Marine AB (NASDAQ STO: OXE, OTCQB: CMMCF) and Outdoor Network Manufacturing (ONM), who will deliver next-gen manufacturing services for OXE Marine AB. The agreement will develop production of the OXE Diesel 125-200 horsepower outboard motors in the United States with plans to add the OXE300 engine production to meet the market demands.