STEWART & STEVENSON ANNOUNCES THREE ORDERS
STEWART & STEVENSON ANNOUNCES THREE ORDERS HOUSTON, Oct. 13 /PRNewswire/ -- Stewart & Stevenson Services, Inc.
(NASDAQ: SSSS), a leading manufacturer of diesel and gas turbine powered equipment, announced today it has received three separate orders totaling approximately $45 million for the delivery of gas turbine generator sets. The contracts call for delivery of one LM2500 and two LM5000 gas turbine powered units.
One LM5000 generator set, being purchased by Ecopetrol, is scheduled for immediate delivery to Colombia. This represents the third unit Stewart & Stevenson has sold this year for delivery to Colombia. The second LM5000 gas turbine generator will supply power to a textile mill in Turkey and will be shipped by year-end. This contract also includes turnkey responsibility for installation of the gas turbine generator set and auxiliaries. Under a third contract, an LM2500 gas turbine generator set will be delivered to the Guam Power Authority for emergency power. Stewart & Stevenson's unique factory packaging concept allows the company to make rapid delivery of electrical power generating equipment, which is extremely important to its foreign customers. -0- 10/13/92 /CONTACT: David R. Stewart, director, investor relations of Stewart & Stevenson Services, Inc., 713-868-7657/ (SSSS) CO: Stewart & Stevenson Services, Inc. ST: Texas IN: SU: CON
PS -- NY048 -- 9331 10/13/92 12:36 EDT
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|Date:||Oct 13, 1992|
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