Quasi-Public Organization Makes $750,000 Investment In Oil Purification Systems Inc.

Senator Dan Debicella (R-21) praised a recent decision by Connecticut Innovations Inc. (CI) to make a
$750,000 investment in a Shelton-based company that manufactures, designs and distributes an on-board oil refining system that streamlines engine oil maintenance for large vehicles and industrial equipment.

“I want to thank CI for recognizing the valuable contribution Oil Purification Systems Inc. (OPS) is making to our state’s economy by making this $750,000 investment in the company. This innovative product has tremendous potential to reduce maintenance costs on heavy equipment and aid our environment through having vehicles use less oil. The company’s continued success will benefit our local, regional, and state economy. That this vibrant company makes its home in Shelton is just more proof of our city’s economic vitality,” said Senator Debicella, who serves as Senate ranking member of the General Assembly’s Commerce Committee.

The OPS-ITM is described as an on-board oil refining system that eliminates the solid and liquid contaminants in lubricating oil. This product, installed in a by-pass mode, reduces the amount of oil necessary to operate vehicles and equipment, greatly extends the intervals between oil changes, reduces oil maintenance costs, and decreases wear in engines. The company’s OPS-1 is used by fleets on thousands of vehicles and generators in trucking, busing, construction, mining and many other applications. OPS, founded in 2002, has its headquarters in Shelton. The company has production facilities in Waterbury.

CI is a quasi-public organization dedicated to driving an entrepreneurial, technology-based economy in the state. CI stimulates high-tech growth by investing in early-stage Connecticut technology companies, university /industry research collaborations, technology transfers and clean energy initiatives through the Connecticut Clean Energy Fund. Senator Debicella has oversight responsibility over CI through the Commerce Committee.

CI made its investment in OPS through its Eli Whitney Fund.

“CI said that this $750,000 investment is intended to help OPS continue to meet the demand for its products and further the company’s commitment to protecting the environment by reducing oil consumption. Helping companies like OPS succeed will help Connecticut’s economy,” said Senator Debicella.