PMFG Inc. (PMFG) announced that it has received two Process Products contracts with a combined value of approximately $5.5 million. The first order is for the supply of pulsation dampeners for a gas compression project in Saudi Arabia. The second order is for the supply of steam dryer systems destined for a nuclear power plant in Europe as part of a plant modernization project.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.