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ZURN AWARDED $25 MILLION GAS-FIRED POWER PLANT CONTRACT

 ERIE, Pa., Aug. 26 /PRNewswire/ -- Zurn Industries, Inc. (NYSE: ZRN), a leading designer, constructor and manufacturer of systems and equipment for power generation and water control, and Lynx golf clubs, announced today that the company has received full notice to proceed from Industrial Power Technology on design and construction of a 73 megawatt natural gas fuel power generation plant for the City of Redding, Calif.
 Valued at approximately $25 million, the single-cycle plant will use three refurbished frame 5 gas turbines and can be upgraded to a combined- cycle configuration if growth in demand requires additional generating capacity. Construction will begin immediately, and completion is planned for next summer.
 /delval/
 -0- 8/26/93
 /CONTACT: Steve Adams of Zurn Industries, 814-452-2111/
 (ZRN)


CO: Zurn Industries, Inc.; Industrial Power Technology ST: Pennsylvania; California IN: OIL SU: CON

CD-KC -- PG010 -- 6248 08/26/93 14:36 EDT
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Publication:PR Newswire
Date:Aug 26, 1993
Words:145
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