News - Gemma Power Systems
Argan, Inc. (Amex:AGX) today announced financial results for the second quarter of its fiscal year 2009 ended July 31, 2008. Net sales for the three months ended July 31, 2008 were $75 million compared to $53 million for the three months ended July 31, 2007, an increase of 41.3%.
Argan, Inc. (AMEX:AGX) today announced that William F. Griffin, Jr. has been named President and Chief Executive Officer of its wholly-owned subsidiary Gemma Power Systems, effective immediately. Mr. Griffin's appointment follows the resignation of Timothy Curran on August 29, 2008.
Power generation infrastructure developer Argan has announced that its wholly owned subsidiary, Gemma Power Systems, has signed a $210 million engineering, procurement and construction contract and received a limited notice to proceed from CPV Sentinel to design and build eight simple cycle peaking plants in southern California.