When was ballard founded

Ballard Power Systems Inc. Follow Company. Current Business Focus Ballard has a multi-market growth focus in fuel cell products. Visit Our Website. Share This Company Profile. Post Resume Now. Map Enter your starting address:. T-Net : Home. Member Login Employer Login. Company Profile.

Overview News Other Key Statistics. Type of Company: Type:. Company Overview. New Search. Next ». Twitter News Feed. Tweets by BallardPwr. The Ballard Common Shares have not been registered under the United States Securities Act of , as amended, or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Enter your email address to subscribe to our blog and receive updates. You may unsubscribe at any time. Enter your email address to get market updates and press releases directly to your inbox. May 21, Archive In October , Ballard Power completed construction of the world's first high-volume, fuel-cell manufacturing plant, a facility situated adjacent to the company's headquarters in Burnaby.

The plant was officially opened the following October by Canadian Prime Minister Jean Chretien, and the manufacturing infrastructure was put in place by the end of the year, completing the final stages of preparation for manufacturing to commence in The first years of the 21st century included promising advances toward Ballard Power's vision of the future, but the period failed to usher in the age when large fleets of hydrogen-powered cars filled the highways.

Ballard Power, as it had been for more than 20 years, was a company built on expectations. The company also, as it had done for more than 20 years, continued to make progress toward its goal. In , Rasul completed two acquisitions that made the company a more comprehensive player in the industry it dominated.

In mid, Ballard Power acquired the carbon products business unit of Wilmington, Massachusetts-based Textron Systems. The unit, which became a Ballard Power subsidiary named Ballard Material Products, developed and manufactured several carbon materials for automotive and fuel-cell applications, including a gas diffusion layer for use in PEM fuel cells gas diffusion layers allowed the even diffusion of gases against the membrane at the heart of PEM fuel cells. Ecostar developed and manufactured electric drive trains for use in electrically powered vehicles and power conversion systems for microturbines, internal combustion engines, and fuel-cell products.

In , DaimlerChrysler delivered to public transportation authorities in Madrid the first zero-emission Mercedes-Benz Citaro Bus, powered with a Ballard fuel-cell engine The bus was the first of 30 buses to be delivered by to nine other European cities: Amsterdam, Barcelona, Hamburg, London, Luxembourg, Porto, Reykjavik, Stockholm, and Stuttgart.

As the company prepared for the future, one that it desperately hoped would herald the dawn of a hydrogen economy powered by fuel cells, a new leader took the helm. Campbell had joined Ballard Power the previous year after serving as president and chief executive officer of Home Care Industries, a filter manufacturer.

Rasul stayed on as chairman until May , when he was named chairman emeritus and replaced by John Sheridan, former president and chief operating officer of Bell Canada, who was named chairman in a non-executive capacity. The challenge of making Ballard Power's vision of the future a reality fell in large part to Campbell, whose thoughts on the company's immediate future were captured in his letter to the company's shareholders written in March Early optimism around fuel cell commercialization has been replaced in many cases with discouragement and pessimism.

While I won't deny the considerable challenges we continue to face, if I might borrow the words of Mark Twain, 'the reports of our death have been greatly exaggerated. Cook, William J. Nauss, Donald W. Collaboration agreement between Ballard and Daimler-Benz for the joint development of a compact, high power density fuel cell stack. Stay Up to Date. Subscribe to Ballard's Blog Enter your email address to subscribe to our blog and receive updates. Subscribe to receive Corporate News Enter your email address to get market updates and press releases directly to your inbox.