Discussion:
GNB Batteries

What is the latest info on GNB..they have been going through a number of people changes. Are they are real player in the the Industrial Battery market. How about their financial status.
  • Posted 29 Nov 2014 02:52
  • Discussion started by malcolm1
  • Pennsylvania, United States
Showing items 1 - 4 of 4 results.
^^^LOL at the company shill above.

Anyway...this is about industry news & whispers, not a forum for self-promotion.

As I see it (in brief):

The company is in dire financial straits, consolidating many positions to reduce overhead. The inability or reduced ability to recycle has (Google GNB Frisco, TX or GNB Vernon, CA to see what I mean) impacted profitability. Those EPA headaches aren't going away any time soon. And quite frankly, this company's environmental irresponsibility is alarming and should concern everyone since it is a smudge on our industry as a whole.

Yes, many people have left/been re-assigned. I know of a handful personally.

Delisted from NASDAQ in 2012 I believe, trading OTC around.05/share.

Two bankruptcies in the last decade.

Long term prospects, not good. I'm sure they are ripe for a buy-out. (Johnson Controls? Crown Battery?)

Just my opinions here.

Carry on.
  • Posted 11 Dec 2014 23:51
  • Reply by arminius
  • California, United States
GNB Motive Power is doing very well and has dramatically expanded our lines of industrial batteries and energy-conserving chargers. We have added skiiled resources to every aspect of the value chain from development to service/support and recycling capabilities. Our product lines cover traditional flooded-cell as well as high-energy tubular products. Visiti us at the 2015 ProMat show in Chicago. See our solutions at www.gnb.com.
  • Posted 5 Dec 2014 09:49
  • Reply by DHitchcock
  • Illinois, United States
See our Motive Power Solutions at work
ww.gnb.com
the battery business is a fairly volitile business...
there are always changes in personell, sometimes more than other times
GNB has been around for years and i do not think they are going anywhere.
  • Posted 29 Nov 2014 13:37
  • Reply by swoop223
  • North Carolina, United States
You've been swooped!
swoop223@gmail.com
Exide group are a pretty big worldwide company & have been in the industrial motive power scene for a very long while.

I've always joked with there engineer's that GNB on there uniform stands for Got No Batteries.
  • Posted 29 Nov 2014 04:26
  • Reply by Forkingabout
  • england, United Kingdom

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