Jeff Kobylarz's questions to Polar Power (POLA) leadership • Q1 2019
Question
Jeff Kobylarz of Diamond Bridge Capital asked for an update on the new LPG generator's market readiness, its potential pricing, the impact of tariffs, and the status of the manufacturing restructuring.
Answer
CEO Arthur Sams stated that the LPG generator was awaiting EPA certification, a process expected to take four to nine weeks, and noted the new engine could lower product prices. He confirmed tariffs were affecting steel and aluminum costs but that the company avoids Chinese electronics. Sams clarified that the restructuring involved hiring new full-time managers, not consultants, who are implementing new ERP systems, with the biggest bottleneck remaining material planning and supply chain management.