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PMFG Awarded Contracts Totaling Approximately $30 Million

January 6, 2010 (FinancialWire) — PMFG, Inc. (NASDAQ: PMFG) said it has been awarded contracts for three Process Products projects and two Environmental Systems projects with a combined value of approximately $30.0 million.

The company anticipates that approximately $10 million of the related revenues will be recognized during the second half of fiscal year 2010, with the remaining revenues recognized in future periods.

The Process Products orders are for the installation of separation/filtration equipment at three natural gas pipeline projects in China, South America, and Saudi Arabia.

The Environmental Systems orders are for two domestic projects for the supply of Selective Catalytic Reduction Systems for installation on combustion turbines to provide peak electrical load service to the grid.

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