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PMFG Inc Secures $15 Million in Orders for International Natural Gas Projects
PMFG, Inc. announced that it has been awarded multiple international orders totaling $15 million for projects related to natural gas processing and transmission in South America and southern Asia. Two orders are for the supply of a broad range of Process Systems equipment in multiple skid packages for a large natural gas processing plant in connection with an offshore joint venture in South America. The third order is for the Company's SkimovexTM waste water treatment system for an application in Turkmenistan. Skimovex is the brand name for separators that remove entrained oil from water during oil and gas gathering and production processes. The Company anticipates that the majority of the revenue from these three orders will be recognized in the third quarter of fiscal year 2012 through the second quarter of fiscal year 2013.
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