Join The Discussion

 

Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

read more >

RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

read more >

Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

read more >

Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

read more >

Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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
Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?