Tuesday, October 7, 2008
Dallas-based PMFG, Inc. awarded $3.4 million contract for three nuclear plants’ steam dryer systems
DALLAS PMFG, Inc. today announced that it was awarded a contract valued at approximately $3.4 million to provide six steam dryer systems to three nuclear power plants.
Steam dryers or secondary separators are utilized as the final stage of water separation within a reactor vessel (BWR plants) or steam generator vessel (PWR plants). Peerless claims to be the global leader, supplying steam dryers to the industry for over 30 years.
These steam dryers are destined for two new nuclear power plants in China and to an existing nuclear power plant in the U.S. as part of a plant modernization project. These units will be manufactured at PMFG's Denton, Texas plant. The Company expects to deliver these units between August 2009 and February 2010. These units, which include 'next generation' designs, are expected to be the first of several similar orders which will be released over the coming years to serve new nuclear power plant projects in U.S., South Korea and China.
Peter J. Burlage, Chief Executive Officer, stated, "We are pleased with these important new orders and the continued increase in the number of new projects in the nuclear power industry. With the continued increase in cost in fossil energy for power generation, new nuclear power plant construction, life extension and upgrading is expected to continue to be an important contributor to our business in future periods."
Source: PMFG
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