Wellesley Hills, Mass.: Joseph F. Finn, Jr. C.P.A. of the firm Finn, Warnke & Gayton, LLP announced recently that Mechanology, Inc.’s steam turbines business would be offered for sale through a sealed bid process on November 18, 2011. Mechanology’s turbines are suited for applications in power recovery and power generation packages.
The Mechanology N-Series Steam Turbines, in addition to API mechanical driver applications, are designed for application in power recovery and power generation packages for markets like: Heat Recovery Power Generation (from industrial waste heat), Process Steam Recovery, Renewable Energy Conversion (Biomass, landfill gas, geothermal, solar), Waste to Energy Processes, and PRV Paralleling. The customized N-Series turbines are suited for power recovery with output capacities of 0.1 MW to 3.5 MW. Estimates of more than 100 GW of opportunities in the 0.5 to 5 MW size range are common.
The intellectual property, including: sales/marketing literature/documentation; customer lists and install base; turbine sizing & selection programs; manufacturing drawings; assembly documentation; installation, operation, and maintenance (IOM) manuals; casting patterns & tooling; and misc. inventory, will be sold at a sealed bid sale on Friday, November 18, 2011 at noon. Persons interested in bidding must sign a Confidential Disclosure Agreement (“CDA”) obtained from FWG –