ENGlobal Receives Significant Analytical Systems Award
February 10 2016 - 6:55AM
ENGlobal Corporation (NASDAQ:ENG), a leading provider of automation
and engineering services, today announced an award for the supply
of process analytical systems to a world class U.S. Gulf Coast
ethylene expansion project. The equipment includes critical
components used to monitor compliance with mandated environmental
regulations and provides analytical information supporting plant
utilities and process controls. The project schedule requires
staggered deliveries throughout the third and fourth quarters of
2016.
Year-to-date, the Company’s Automation Segment
has received awards in excess of $5MM. This level of success
illustrates the Company’s wide range of expertise in both
engineering and fabrication, and in the key areas of process
analytics, electrical power and control systems.
“Our ability to provide early technical input to
the project development teams was a key element of our success,”
said William A. Coskey, P.E., Chairman and Chief Executive Officer
of ENGlobal. “We work diligently with owners and contractors to
ensure that process analytical equipment is value engineered for
optimum performance. I would like to thank this important
client for their confidence and applaud the respective project
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.
Click here to join our email list:
http://www.b2i.us/irpass.asp?BzID=702&to=ea&s=0.
CONTACT: Mark A. Hess
(281) 878-1040
ir@ENGlobal.com
ENGlobal (NASDAQ:ENG)
Historical Stock Chart
From Jun 2024 to Jul 2024
ENGlobal (NASDAQ:ENG)
Historical Stock Chart
From Jul 2023 to Jul 2024