Clean Technology Manufacturing


Seeking Alpha posted this article today about Dallas based company, Peerless Manufacturing, which makes “selective catalytic reduction converters for industrial boilers”. The growing need for companies to reduce their pollution has propelled Peerless to increase their stock value from 20 in July to 50 dollars today.

“Peerless products are used at several stages in the liquefaction and refrigeration process of LNG: it makes gas scrubbers, filter/separators, and mist extractors. In LNG plants where gas turbines are used, they make fuel gas conditioning systems.”

“As air pollution standards become stricter, and demand for LNG as a fuel increases in the future, Peerless, with a world-wide footprint already established in multiple industries and applications, should benefit.”
Couldn’t have said it better myself.
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This is getting a bit redundant in this area but Massachusetts and Boston city officials just authorized another bill that would contribute millions to funding Clean Technology manufacturing. The Mass Clean Technology Center will be funded by 13 millions dollars over five years and should increase clean manufacturing jobs in the state. A state, which by the way, increased its job creation faster than the national average over the past year.

 

Here is the post by Boston.com

Gov. Deval Patrick is joining with House Speaker Salvatore DiMasi and Senate President Therese Murray to push a new initiative to create more so-called “green jobs” in Massachusetts.

DiMasi filed the bill that would direct $13 million a year over the next five years into a new Massachusetts Clean Energy Technology Center.

The money would be used to provide grants and financing to help colleges develop clean energy studies and spur clean energy manufacturing in the state.

DiMasi said renewable energy and green jobs are key to the state’s future economy.

Murray said the Senate is working on another related bill that would help train lower-skilled workers for employment in the green jobs sector.

“Beantown to Greentown” Mayor Menino