Join The Discussion

 

Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

read more >

Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

read more >

Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

read more >

Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

read more >

GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

read more >

PMFG lands $10M energy contract, chief upbeat on natural gas’ future

A. Lee Graham

Reporter

PMFG Inc. of Dallas has been awarded a new contract with Peerless’ environmental systems unit valued at more than $10 million.

The contract is for multiple selective catalytic reduction systems to be installed as part of a new 2,600-megawatt natural gas-fired combined cycle power plant in Taiwan. The project is scheduled to be completed by the fall of 2016.

"Although the global shift to natural gas by large utility customers has been slower than the market anticipated, we believe the transition is gaining momentum and we are very well positioned to leverage this opportunity around the world,” said CEO Peter J. Burlage in a news release.

“This new order is a great win for PMFG and we are proud to be part of a high efficiency, low emission power plant in the Asia Pacific region,” Burlage said.

Including the newly announced contract, Burlage said he expects net bookings for the fiscal year ending June 28, 2014 to increase more than 50 percent over the prior year.

“We expect the region will remain a key growth avenue for the company as power demand grows and emissions standards tighten," Burlage said.

PMFG provides custom-engineered systems and products designed to help ensure safe, efficient and clean energy delivery. It primarily serves power generation, natural gas infrastructure and petrochemical processing markets.

lgraham@bizpress.net

 

 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?