Peerless Mfg. Co.

Peerless Mfg. Co.
Public
Traded as NASDAQ: CECE
Industry Energy, Oil & Gas
Founded 1933, Texas United States
Founder Don A. Sillers Sr.
Headquarters North Dallas Parkway Suite 500, Dallas, Texas
Key people
 Jeff Lang (CEO).[1]
Products Custom engineered systems and products
Website PMFG

Peerless Mfg. Co. is a firm which designs, manufactures and supplies filtration & separation equipment, industrial silencers and environmental systems, serving the energy, petrochemical processing, power generation and oil & gas industry. The company is based in Dallas, Texas, with regional offices in Canada, UK, Germany, Dubai, Singapore and China.

Peerless Mfg. Co. was founded by a man with exceptional creative engineering ability, Mr. Donald A. Sillers, Sr. Before his death in 1947, Mr. Sillers had designed and developed a wide range of equipment for the natural gas and process industries. This equipment was so superior in its field that much of it is still accepted as standard for these industries.

History

The Peerless Vane-type Mist extractor was developed by Mr. Sillers in 1932 for the high efficiency separation of liquids from gases. While the Peerless Mist Extractor has been imitated by others, the performance capability of Mr. Sillers' original design has yet to be improved on - or even equaled by any competitor.

When Mr. Sillers, Sr. passed away in 1947, Don's mother took the reins of the fledgling company until Don returned from M.I.T. in 1949. With special training from his father and upon graduation from M.I.T. Don was eminently qualified to run Peerless. Don was granted five patents and the company grew and engaged in large government contracts with the U.S. Navy providing high pressure separators for over two hundred of its ships.[2][3][4] Don served as CEO of Peerless for forty years, taking the small company public in 1970 and growing it from seventeen employees to over four hundred employees and three plant sites until his retirement in 1993.

Don's work at Peerless helped society in several ways. He designed a separator which protects the engines which power our nuclear submarines as well as separators which protect the turbines of our guided missile destroyers and separators which are vital to the operation of our nuclear plants. Over twelve thousand of the separators were used in the Atomic Energy Commission's plants. Don traveled extensively at home and abroad securing orders which were vital to the Dallas economy. In addition to the defense-related work, Peerless produced thousands of separators and filters which enhanced the operation of natural gas facilities, electric power generation plants and commercial plants which produce fertilizer for food production.One of his patented inventions called a scrubosphere was used to protect natural gas compressor stations in the Trans-Canadian pipeline, the largest gas pipeline in the world at the time. Later a more advanced design was used on the Russian gas pipeline across central Europe.[5]

In September 2015, CECO Environmental Inc acquired Peerless Mfg. Co. in a 65 million dollar deal, thereby growing CECO Environmental to a 500 million dollar company.

Organization

Peerless is organized into following divisions

Subsidiaries

Associated Brand Names

Acquisitions

In Sept 2015, CECO Environmental Inc. acquired PMFG Inc., Parent company of Peerless Mfg. Co, thereby acquiring all subsidiaries of PMFG including Peerless Mfg, Skimovex and Burgess-Manning. In May 2012, Peerless Mfg. acquired 33 acres in Denton, Texas to build a new manufacturing facility.[6]

In Nov 2012, Peerless Europe Ltd., wholly owned subsidiary of PMFG. Inc., acquired German licensee Burgess-Manning GmbH, based in Düsseldorf, for purchase price of $5.5 million.[7]

References

  1. ↑ "Bloomberg | CECO Environmental Inc. CEO Profile"
  2. ↑ Sillers, Jr Donald A. (Feb 28, 1961), Gas cleaning apparatus, retrieved 2016-05-14
  3. ↑ A, Sillers Donald (Oct 3, 1933), Mist extractor, retrieved 2016-05-14
  4. ↑ Sillers, Jr Donald A. (Feb 28, 1961), Gas cleaning apparatus, retrieved 2016-05-14
  5. ↑ "Donald Arthur Sillers Jr.'s Obituary on Dallas Morning News". Dallas Morning News. Retrieved 2016-05-14.
  6. ↑ "D Magazine | PMFG Inc. to build manufacturing facility in Denton Texas " May 3rd, 2012
  7. ↑ "NASDAQ OMX | Globalnewswire. Peerless Europe Limited acquires German Licensee, Burgess Manning GmbH" Nov 8th, 2012

External links

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