Speedemissions Inc. (SPMI.OB) Plans to Become the Leading Vehicle Emissions Testing Company
There are some states in the US where motor vehicles are the largest source of air pollution. In these areas, the Environmental Protection Agency (EPA) has mandated that selected major urban areas must meet certain clean air standards by conducting vehicle emission tests. The major metropolitan areas of the thirty-four states affected by the EPA mandated emission testing law represents about 50% of the U.S. population. In 2003, approximately 87 million emission tests were conducted, resulting in estimated annualized revenue of over $2.2 billion dollars. For residents in these states who must have their cars approved, they will have to…