Printer Friendly

ROPER SUBSIDIARY IN NEGOTIATIONS WITH GAZPROM

 COMMERCE, Ga., Jan. 28 /PRNewswire/ -- Roper Industries, Inc. (NASDAQ: ROPR) announced today that its subsidiary, Compressor Controls Corporation (CCC), has entered into a letter of understanding with GAZPROM, the Russian gas production and distribution company, for the supply of CCC surge protection systems for compressors on a number of GAZPROM's gas pumping stations being scheduled for upgrading.
 The letter of understanding reflects GAZPROM's selection of CCC to manufacture and install its compressor control systems over a 7-year period, and is expected to involve negotiation of a series of one-year control system supply and installation agreements. The agreements would be contingent on availability of mutually acceptable financing. GAZPROM has undertaken to seek assistance from the State International Trade Enterprise (GAZEXPORT) in arranging for such financing.
 Compressor Controls Corporation was acquired by Roper Industries in September 1992. CCC designs and manufactures advanced control systems for large air and gas compressors and for steam and gas turbines.
 Roper Industries is an international manufacturer of fluid handling and industrial control products.
 -0- 1/28/93
 /CONTACT: Zane Metcalf of Roper Industries, 706-335-5551/
 (ROPR)


CO: Roper Industries, Inc.; Compressor Controls Corporation; GAZPROM ST: Georgia IN: MAC SU:

BR-RA -- AT019 -- 0476 01/28/93 17:03 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 28, 1993
Words:201
Previous Article:SURGITEK UNIT OF CABOT MEDICAL ANNOUNCES DISTRIBUTION AGREEMENT
Next Article:BURLINGTON INDUSTRIES INC. CONTRIBUTES TO BENNETT COLLEGE UNCF CAMPAIGN
Topics:


Related Articles
/REPEATING FROM LATE YESTERDAY FOR POINTS NEEDING/
ROPER ANNOUNCES THAT COMPRESSOR CONTROLS HAS SIGNED A CONTRACT WITH INTERPROKOM
ROPER INDUSTRIES SUBSIDIARY RECEIVES ADVANCE PAYMENT FROM INTERPROKOM
ROPER INDUSTRIES, INC. ANNOUNCES RECEIPT OF RUSSIAN ORDER
ROPER INDUSTRIES, INC. ANNOUNCES FIRST QUARTER EARNINGS
ROPER INDUSTRIES, INC. ANNOUNCES THE SIGNING OF RUSSIAN CONTRACT AND SECOND QUARTER EARNINGS RESULTS
ROPER INDUSTRIES, INC., ANNOUNCES GAZPROM CONTRACT UPDATE
ROPER INDUSTRIES, INC. ANNOUNCES THIRD QUARTER EARNINGS AND PROBABLE ACQUISITION
ROPER INDUSTRIES, INC. ANNOUNCES SIGNING OF CONTRACT WITH UKRAINIAN OEM
Roper Industries, Inc. Announces Final Fiscal Year Financial Results and Latest Developments on Business with Russian Gazprom

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters