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Monday, August 4, 2008
Peerless Mfg. Co., through its subsidiaries Peerless Europe Ltd. and Burgess-Manning Europe, Ltd., has been awarded three independent contracts totaling approximately $8 million to design and supply separation/filtration and industrial silencing equipment.
Peerless Europe Ltd. won an award, valued at approximately $2 million, to supply gas/liquid separation equipment for application in the cryogenic liquefaction cycle of an LNG plant in
The Burgess-Manning contracts include the design and supply of separation systems required for a gas pipeline extension project in Algeria and the pressure relief and start-up vent valve silencers for a gas to liquids project in Qatar. The contracts are valued at $3.6 million and $2.3 million respectively.
Peter J. Burlage, Chief Executive Officer of the Company, stated, "The global need to increase natural gas processing capacity and to upgrade existing facilities to process a more natural gas, combined with the need to perform these tasks in an environmentally sensitive way, is continuing to provide us opportunities to grow. The Peerless and Burgess-Manning brands are well regarded in the international gas transmission markets, and we are excited about the breadth of products these two businesses can offer our installed and expanding customer base."
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