Last $16.69 USD
Change Today +0.08 / 0.48%
Volume 49.9K
GLPW On Other Exchanges
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As of 8:04 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

global power equipment group (GLPW) Snapshot

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10/29/13 - $20.98
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05/23/14 - $15.17
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global power equipment group (GLPW) Details

Global Power Equipment Group Inc. provides customer-engineered equipment, and modification and maintenance services primarily in the United States, Canada, Europe, Mexico, Asia, the Middle East, and South America. Its Product Solutions segment designs, engineers, and manufactures gas turbine auxiliary products and electrical solutions for power generation and cogeneration, and oil and gas process, and industrial markets, as well as offers precision parts, replacement parts, filter elements, and aftermarket retrofit equipment to original equipment manufacturers and end users. This segment provides filter houses, air intake ducts, and exhaust systems, diverter dampers, and selective catalytic emission reduction systems; and engineered packaged control house, and custom power packaging and integration solutions comprising control house systems, generator enclosures, and industrial tanks. The company’s Nuclear Services segment offers construction, modification, and maintenance services, as well as is involved in the decontamination, decommissioning, and demolition of nuclear projects. Its Energy Services segment provides routine maintenance, repair, and capital project services; specialty welding services; brazed aluminum heat exchanger repair, maintenance, and safety services; and fabrication services. The company also provides cleaning, surface preparation, coatings application, quality control, and inspection testing services; industrial insulation services; abatement services for the removal of asbestos and heavy metal based coatings, such as lead paint; replace, repair, and upgrade services for industrial facility roofing systems; and integrated valve and actuator services that include inspection, preventative maintenance, and repair of various types of valves and actuators. Global Power Equipment Group Inc. was founded in 1998 and is headquartered in Irving, Texas.

1,244 Employees
Last Reported Date: 03/17/14
Founded in 1998

global power equipment group (GLPW) Top Compensated Officers

Chief Executive Officer, President, Acting Pr...
Total Annual Compensation: $550.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $109.0K
President of Electrical Solutions
Total Annual Compensation: $376.1K
Chief Administrative Officer, General Counsel...
Total Annual Compensation: $316.7K
Total Annual Compensation: $481.4K
Compensation as of Fiscal Year 2013.

global power equipment group (GLPW) Key Developments

Global Power Equipment Group Inc.(NasdaqGS:GLPW) dropped from NASDAQ Composite Index

Global Power Equipment Group Inc. will be removed from the NASDAQ Composite Index.

Global Power Equipment Group Inc. Announces Resignation of Melanie Barth as Chief Human Resources Officer

On June 16, 2014, Ms. Melanie Barth resigned from her position as Chief Human Resources Officer of Global Power Equipment Group Inc., effective immediately, to accept a position at another company. Ms. Barth will remain with the company until July 3, 2014 to facilitate an orderly transition. Ms. Barth has served as Chief Human Resources Officer of the Company since November 2012.

Global Power Equipment Group Inc. Wins over $30 Million of Orders

Global Power Equipment Group Inc. announced that it was awarded over $30 million of orders for two major projects of which approximately $18 million is expected to be recognized in 2014. The Energy Services segment was awarded a contract for the construction of a pipeline terminal in the Niobrara region. The terminal will have 300,000 barrel per day capacity with capability of receiving 4,000 barrels per hour from the gathering system. In addition, the terminal will be designed for 4,000 barrel per day delivery to the transportation pipeline. Construction consists of infrastructure development which includes access and egress with five bi-directional trucking lanes, pipeline and storage tank installation, as well as pumping, separation and filtration systems integration. The other notable order included the collaboration of the Energy Services segment and Auxiliary Products segment to service one of the power producers in the U.S. with a turnkey combined cycle gas turbine inlet chilling solution. Global Power will execute the design and manufacture of the turbine inlet. This will include manufacturing the integrated chilling coils and providing the on-site installation work including civil, mechanical and electrical improvements. Global Power's Energy Services segment orders are approximately $40 million in 2014, up significantly over the prior year. Global Power's Products Solutions segment orders are approximately $76 million, driven by Auxiliary Products' success with growing its aftermarket business and Electrical Solutions winning new opportunities.


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