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CUI Global Inc picks up US$1.75mln contract from Europe

Monday, January 9, 2017 8:01
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(Before It's News)

CUI Global Inc (NASDAQ:CUI) has won US$1.75mln worth gas analysis and metering infrastructure contracts at several facilities for a client in Europe.

Won by its UK subsidiary, Orbital Gas Systems, the scope of work includes provision of fiscal metering skids, pressure reduction skids, fuel gas skids, electrical distribution and control buildings, gas quality measurement, supervisory and flow control systems at the client’s UK operation.

Neil Stuchbury, Orbital’s director of sales said, “The contract awards were the result of many months of technical and commercial engagement, which enabled our client to attain significant value from Orbital’s in-house integration capabilities and industry experience, reducing client project delivery timelines as well as technical and commercial risks.”

William Clough, CUI’s chief executive, added, “With the start of 2017 CUI Global reinforces its ability to win and deliver large scale, multi-million dollar projects that highlight our proven track record and the industry’s continued adoption of our novel technologies, such as the VE sampling systems.”  

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/171340/cui-global-inc-picks-up-us175mln-contract-from-europe-171340.html

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