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Thursday, December 20, 2007

Dallas-based Peerless Mfg. Co. awarded two contracts worth $4 million

The contracts are for Selective Catalytic Reduction systems.

Peerless Mfg. Co. today announced that it was awarded a contract valued at approximately $2 million for the design and supply of Selective Catalytic Reduction (SCR) Systems for a multi-unit combined cycle power plant in New York. The SCR Systems allow the customer to utilize both natural gas and low sulfur fuel oil to power the plant while always maintaining the strictest of emissions control. Design began immediately upon the letter of award and delivery of the system to the customer is expected within twelve months.

The two contracts are without equal.

Photo not provided by Peerless Mfg. Co.

The two contracts are without equal.

Additionally, the company's Environmental Systems business unit received a contract in excess of $2 million for the design and supply of two SCR Systems that will be utilized by a world class manufacturer of fired heaters to support their expansion of a large mid-west refinery. The engineering and manufacturing of the SCR System is expected to be completed by the end of calendar year 2008.

Peter J. Burlage, Peerless' CEO, stated, "We are pleased to have received these significant awards for our environmental business. Peerless is an established and recognized leader in designing and building complete SCR Environmental Systems to help our electric power and refinery customers meet their required NOx emissions for environmental compliance. Our customers are increasingly demanding innovative solutions to their emission control requirements and we are committed to meeting those important needs with quality products and on-time delivery."

Source: Peerless Mfg. Co.



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