PMFG Sees Losses in Fourth-Quarter and Full-Year 2010, but Forecasts Growth Alongside Economy

SUGAR LAND--September 14, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--PMFG Incorporated (NASDAQ:PMFG) (Dallas, Texas), a worldwide leader in the manufacturing of equipment to reduce air pollution, reported overall declines in revenues and net earnings for fourth-quarter and full-year 2010. The company reported a net loss of $1.96 million in the fourth quarter, compared to net earnings of $2.63 million in the same period last year, and a net loss of $4.16 million for the full year, compared to net earnings of $2.9 million for 2009.