HOUSTON, TX, Aug. 14, 2018 (GLOBE NEWSWIRE) -- ENGlobal (NASDAQ: ENG), a leading provider of engineering and automation services, today announced that the Company has been selected by a major E&C firm as the supplier of Analytical Process Control and Continuous Emission Monitoring Systems for a major new ethane steam cracker on the U.S. Gulf Coast. The systems being supplied by ENGlobal will provide critical feedback information on both product quality and operating conditions for this new facility. Today's award, valued at approximately $11 million, will be performed by the Company's Automation business segment.
William A. Coskey, P.E., CEO of ENGlobal stated, "We are very excited and honored to be selected for this important Project. Today's award is an excellent example of how ENGlobal's vertically integrated model can be utilized to engineer, fabricate and integrate highly technical, modular solutions."
Mr. Coskey added: "I believe a large part of our success is a direct result of serving our E&C customer well on our previous work for them over the years - and specifically on a recently shipped, major analytical project. Through our team's successful execution and delivery, we were able to highlight both our technical and project management skills on major projects such as this one. "
ENGlobal's scope will include engineering, fabrication, integration and testing of analyzer shelters, field cabinets and field instrument stands consisting of approximately 140 process and continuous emission monitoring analyzers which utilize multiple technologies. Design of these systems is expected to commence immediately, with project execution being scheduled over the next 18 months.
About ENGlobal
ENGlobal (Nasdaq: ENG) is a provider of engineering and automation services primarily to the energy sector throughout the United States. ENGlobal operates through two business segments: Automation and Engineering. ENGlobal's Automation segment provides services related to the design, fabrication and implementation of distributed control, instrumentation and process analytical systems. Within the Automation segment, ENGlobal’s Government Services group provides engineering, design, installation, operations, and maintenance of various government, public sector, and international facilities, specializing in turnkey automation and instrumentation systems for the U.S. Defense industry worldwide. The Engineering segment provides consulting services for the development, management and execution of projects requiring professional engineering, construction management, and related support services. 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 of 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, including the timing, amount and scope of any award. 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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