DALLAS, Jan. 14, 2014 (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company") (Nasdaq:PMFG) today announced that it has been awarded three separate contracts with a combined value of over $8.5 million. In our Environmental Systems segment, we were awarded two projects. The first project is an SCR/CO exhaust system to be installed in a combined-cycle natural gas fired turbine power plant application. This equipment will reduce both NOX and CO emissions by at least 90% for an electric power generation facility in the northeast region of the United States. The second project is for the installation of emission control systems on power drivers for existing natural gas pipeline in the southeastern region of the United States. In our Process Products segment, we were awarded a project to design and fabricate a steam blow down separator for use on steam assisted gravity drainage ("SAGD") oil recovery operations in Canada. The Company expects to recognize revenue related to these projects over the balance of fiscal year 2014 and the first half of fiscal year 2015.
PMFG, Inc. (Parent Of Peerless Mfg. Co.) Awarded Three New Orders With A Combined Value Of Over $8.5 Million
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