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Peerless wins $3M contract


Published :
Mon, 29 Jan 2007 23:17
By : Agencies
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DALLAS (AFX) - Peerless Manufacturing Co., which makes industrial filters and other pollution-abatement products, said Monday it won a $3 million contract from a Florida electric utility to make a storage and handling system that will help control emissions from two coal-burning power plants.

'Providing this scope of equipment for projects in the coal-fired utility market is a clear example of how Peerless ... can participate in all air pollution control projects regardless of their size,' Peter J. Burlage, chief executive of the company, said in a prepared statement.

Shares of Peerless rose 19 cents to $25.19 in afternoon trading on the Nasdaq Stock Market.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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