NORTH TONAWANDA, N.Y.,
July 13, 2018 /PRNewswire/
-- Taylor Devices, Inc. (NASDAQ SmallCap: TAYD) today
announced receipt of a $7.5 million
contract for the firm's seismic dampers being used for seismic
protection of the San Francisco –
Oakland Bay Bridge, CA. This is the largest single contract
received by the Company in its 63-year history. A total of 96
large dampers, will be used to absorb earthquake energy in the
bridge.
Due to significant changes in the requirements for these
specialized devices, the Taylor Devices' seismic dampers that were
originally installed in 2001 are now being replaced by upgraded
devices. New and proprietary features that have
recently been tested and qualified to meet specific requirements of
the California State Department of Transportation (CalTrans) have
been incorporated into the design.
Taylor Devices' seismic dampers act like giant shock absorbers,
using technology originally developed for NASA's Space Shuttle
Program and which was commercialized by the Company in the early
1990's. The energy absorbed by each damper varies with the
magnitude of shaking, minimizing loads transmitted to the bridge at
all times.
To date, more than 700 buildings and bridges worldwide are using
Taylor Devices' products for seismic protection. More
information is available at www.taylordevices.com and
www.seismicdamper.com.
Contact: Manny Agrapidis (212)
587-3005
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SOURCE Taylor Devices, Inc.