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January 8, 2013
08:12 EDTPMFGPMFG, Inc. awarded separation equipment orders valued over $5M
PMFG, Inc. announced it was awarded two separation equipment orders with an aggregate value in excess of $5M. The first order is for steam separators to be installed at a nuclear power plant in the U.S., with delivery expected in late calendar 2013. These units will be manufactured at PMFG's plant in Denton, Texas. These steam separators are replacement units for a BWR reactor as part of the plant's relicensing process. Only the portion of this award that has been released by the customer will be included in our backlog at the end of December. The second order is for production separators for a South American natural gas project, with delivery expected in late summer of calendar 2013. The company will fabricate the equipment in the U.S.
News For PMFG From The Last 14 Days
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March 31, 2015
18:06 EDTPMFGKoch Heat Transfer acquires certain brands from Pearless
Koch Heat Transfer has purchased the Alco, Alco-Twin, and Bos-Hatten brands of heat exchangers from Peerless. PMFG is the parent company of Peerless, and Koch Heat Transfer is a subsidiary of Koch Chemical Technology Group.This acquisition will allow Koch Heat Transfer to expand into additional markets while continuing to leverage a dedicated team of aftermarket specialists to supply service to the current customer base. Financial details are not being disclosed.

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