26-03-2013
PMFG Inc awarded $2.1M separation systems order
PMFG, Inc today announced that it has been awarded a contract with a value of approximately $2.1 million for separation equipment. The order is for multiple sets of separation equipment designed to improve the efficiency and output of a gas processing facility located in southeastern Mexico. The order will require fabrication in one of the Company's domestic facilities, as well as at a sub-contractors facility within Mexico to meet the projects objectives. Based on the desired delivery dates, the Company anticipated the recognition of revenue in the second half of calendar 2013.
Peter J. Burlage, PMFG's chief executive officer said, "PMFG has a long track record of experience in Mexico, as well as a provider of superior and quality separation equipment for gas processing. This important order demonstrates our continued commitment to supporting Mexico's energy infrastructure to meet growing requirements for increased natural gas supply."
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