Peerless Mfg. Co. Subsidiary Awarded $2.3 Million Contract For Separation Equipment

Dallas, TX - Peerless Mfg. Co. recently announced that its subsidiary, Peerless Europe Limited, was awarded a contract valued at approximately $2.3 million for the design and supply of separation equipment. These separators will remove entrained liquid from the gas as part of a methanol production process at a chemical plant now under construction in Egypt. The equipment is scheduled for delivery in the second quarter of fiscal year 2009.

Peter J. Burlage, Chief Executive Officer of the Company, stated, "We are very pleased that Peerless' leading technology has been selected for this project. This contract award is representative of the worldwide demand for energy and industrial infrastructure that is contributing to the growth of our separation and filtration as well as our pollution control business segments."

SOURCE: Peerless Mfg. Co.