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POWELL INDUSTRIES SUBSIDIARY AWARDED MAJOR CONTRACT FROM DALLAS AREA RAPID TRANSIT

 HOUSTON, April 21 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL) today announced that its wholly owned subsidiary, Traction Power Systems, Inc. (TPS) has been awarded a contract of approximately $12 million to provide the traction power substations for the Dallas Area Rapid Transit (DART) light-rail starter system. The 20-mile section is scheduled to begin operations in 1996. According to Thos. W. Powell, chairman and president:
 "The substations for DART will be the first in the United States to utilize computer controlled load management technology. This will reduce operating cost, pollution and energy consumption. We are very excited about the ultimate potential of this technology in the mass transit market.
 "The contract increases Powell's transit-related backlog to more than $25 million, which will be shipped over the next three years. As of Jan. 31, Powell's total backlog was $71 million, most of which will be shipped within 12 months."
 Powell Industries, Inc. designs, manufactures and packages electrical generation, distribution and control equipment.
 -0- 4/21/93
 /CONTACT: J.F. Ahart of Powell Industries, Inc., 713-947-4422/
 (POWL)


CO: Powell Industries, Inc.; Traction Power Systems, Inc. ST: Texas IN: SU: CON

PS -- NY071 -- 8756 04/21/93 12:39 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:196
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