GEA News Alert: GEA Rainey Corporation To Open Facility In Alberta

Tulsa, Oklahoma (June 3, 2008) - GEA Rainey Corporation, www.gearainey.com, an industry leader and manufacturer of air cooled heat exchangers announced today their plans to expand their existing Catoosa-based fabrication facilities with an additional manufacturing and assembly facility located in Lethbridge, Alberta, Canada.

 

GEA Rainey Corporation, located outside Tulsa, Oklahoma and organized within the Thermal Engineering Division of The GEA Group, designs, fabricates and services air cooled heat exchangers for the chemical, petrochemical, refinery, gas processing, gas transmission and power generation facilities.

 

GEA Rainey’s Lethbridge facility will expand GEA Rainey’s current manufacturing space and capabilities for the Canadian market. The new facility will be approximately 35,000 ft² and is expected to have initial capabilities of manufacturing finned tubes, bundles and final assembly. Further GEA Rainey will have the means to assemble their shoe-box recirculation units inside the new facility, providing year-round production continuity.

 

“I am excited about this new opportunity for GEA,” said Christine O’Connor, President/CEO of GEA Rainey Corporation. “This additional facility extends GEA’s global manufacturing ability into Canada, reflecting our continuing dedication   towards meeting our customer’s needs.” Currently GEA manufacturers air cooled heat exchangers in the U.S.A., Brazil, Germany, France, China, Spain, Italy, Qatar, South Africa and Hungary.

 

GEA Group Aktiengesellschaft is an international technology group that focuses on the specialty mechanical engineering areas of process technology and components. Consolidated sales were EUR 5.2 billion in 2007. The company's workforce comprised over 20,000 employees as of March 31, 2008. The GEA Group is a market and technology leader in 90 percent of its business areas. GEA Group is listed in the German MDAX share index (G1A, WKN 660200).