ENGlobal Announces Project Awards
December 14 2015 - 6:55AM
ENGlobal (NASDAQ:ENG), a leading provider of
automation and engineering services, today announced its success in
being awarded three new projects in late November with a combined
value of approximately $6 million. This new work for the Company's
Automation Segment serves to illustrate its wide range of expertise
in both engineering and fabrication, and in the key areas of
electrical power, control systems and process
analytics.
More specifically, ENGlobal has been selected by a major
refining client in the Rocky Mountains to design, fabricate and
supply a modular Power Distribution Center, which is needed to
provide critical electrical switchgear for their operations.
The Company will also provide the full scope of controls
engineering and systems equipment for a midstream energy master
limited partnership. This work is integral to a new crude oil
transportation and storage facility to be located on the Texas Gulf
Coast.
Finally, ENGlobal has been selected as the designer and supplier
of all online process analytical equipment for a new chemical
production facility on the U.S. Gulf Coast. ENGlobal will
deliver this equipment beginning in the second quarter of next
year, with extended deliveries throughout the second half of
2016.
"Our past performance and ability to provide complete engineered
solutions for our clients is a critical element for our success,"
said William A. Coskey, P.E., Chairman and Chief Executive Officer
of ENGlobal. "I would like to thank these three important clients
for their confidence and include a note of appreciation to our
teams for their technical contributions."
About ENGlobal
ENGlobal (NASDAQ:ENG) is a provider of engineering and related
project services primarily to the energy sector throughout the
United States and internationally. ENGlobal operates through
two business segments: Automation and Engineering. ENGlobal's
Automation segment provides services related to the design,
fabrication and implementation of advanced automation, control,
instrumentation and process analytical systems. The
Engineering segment provides consulting services for the
development, management and execution of projects requiring
professional engineering, construction management, and related
support services. Within the Engineering segment, ENGlobal's
Government Services group provides engineering, design,
installation and operation and maintenance of various government,
public sector and international facilities, and specializes in the
turnkey installation and maintenance of automation and
instrumentation systems for the U.S. Defense industry
worldwide. Further information about the Company and its
businesses is available at www.ENGlobal.com.
Safe Harbor for Forward-Looking Statements
The statements above regarding the Company's expectations
regarding its operations and certain other matters discussed in
this press release may constitute forward-looking statements within
the meaning of the federal securities laws and are subject to risks
and uncertainties For a discussion of additional risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see ENGlobal's
filings with the Securities and Exchange Commission, including the
Company's most recent reports on Form 10-K and 10-Q, and other SEC
filings.
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CONTACT: Mark A. Hess
(281) 878-1040
ir@ENGlobal.com
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