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IdleAire recharging operations at 25 sites

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Trucks are lined up at the Petro truck stop on Watt Road in West Knoxville, which is outfitted with IdleAire units for over-the-road truckers. Photo by J. Miles Cary/Knoxville News Sentinel


IdleAire's new owners plan to resume serve at 25 locations across the country, keep the company based in Knoxville, and start some limited hiring, reports the Knoxville News Sentinel.

"We will be hiring about 15 people for our Knoxville location and about 25 at our various sites," CEO Mike Fielden said.

IdleAire, which was founded in Knoxville in 2000 but fell on hard times, announced in January it was shutting down. By March, a group of unnamed investors was saying through a website that it had acquired rights to the company and was resurrecting it.
Fielden said that entity is Convoy Solutions, a New York-based investment group that has added IdleAire to its portfolio of green companies. Fielden declined to discuss the acquisition price, but said the group had bought IdleAire's intellectual property and some of its key assets.

Read the full story on Knoxvillebiz

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This page contains a single entry by Shelley Phillips published on May 26, 2010 9:48 AM.

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