GFI Control Systems secures $6.5M in funding

Technology Partnerships Canada (TPC has invested $5.4 million in GFI Control Systems Inc to develop propane and natural gas control systems for diesel and gasoline engines. An additional $1.1 million being is contributed by the Climate Change Action Fund’s Early Action Measures program. Kitchener ON-based GFI will further develop its gaseous fuel control technology for sequential multipoint fuel injection system engines and adapt the technology for compression ignition (diesel) engines. It’s estimated that vehicles using the new GFI systems will reduce CO2 emissions by 20% resulting in an annual reduction in CO2 of 5,000 tonnes by 2010. This is the second investment GFI has received from TPC. The firm is a wholly owned subsidiary of Teleflex Inc, Plymouth Meeting PA....