Industry | 2009.10.27
Valence Technology & Tennant Company Sign Supply Agreement for Lithium Phosphate Energy Storage Solutions
AUSTIN, Texas & MINNEAPOLIS--(BUSINESS WIRE)--Valence Technology, Inc. (NASDAQ: VLNC), an international developer of safe lithium phosphate energy storage solutions, today announced a two-year supply agreement with Tennant Company (NYSE: TNC), a leading U.S.-based manufacturer of commercial and industrial floor maintenance equipment. Building on a collaborative development process, Valence Technology will provide lithium phosphate batteries for installation in Tennant’s newest compact floo
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