During the corresponding time, Pmfg, Inc. saw a revenue deteriorated by -5.03 % year on year, sequentially revenue grew by 8.43 %. While revenue at the Pmfg, Inc.'s corporate clients
Our customers are geographically diversified and our systems and products are
not dependent upon any single customer or group of customers. The loss of any
single customer or group of customers would not have a material adverse effect
on our business as a whole. However, the custom-designed and project-specific
nature of our business can cause significant variances in sales to specific
customers from year to year.
We sell the majority of our separation and filtration systems and products,
including gas separators, filters and conditioning systems, to gas producers,
gas gathering, transmission and distribution companies, chemical manufacturers
and refiners, either directly or through contractors engaged to build plants
and pipelines. We also sell these products to manufacturers of compressors,
turbines and nuclear and conventional steam generating equipment. We sell our
marine separation and filtration systems primarily to shipbuilders. We sell
our pulsation dampeners to power generation owners and operators, refiners,
petrochemical processors and specialty industrial users.
We sell our environmental control systems and products to power generators,
engineering and construction companies, heat recovery steam generator manufacturers,
boiler manufacturers, refiners, petrochemical plants and others who desire or
may be required by environmental regulations to reduce NOX emissions and ground
level ozone, of which NOX is a precursor.
