Article: GE GENERATES $30 MILLION TURBINE CONTRACT.(Business)

Byline: Cailin Brown Business writer

General Electric Co.'s Power Generation Division in Schenectady said Tuesday it had signed a $30 million contract with Korea Heavy Industries & Construction Co. Ltd. to produce two steam turbine-generators and four boiler feed-pump turbines.

The turbine-generators and boilers, which will be produced in Schenectady; Fitchburg, Mass.; and South Korea, will be installed at Korea Electric Power Corp.'s (KEPCO) Samchonpo Thermal Power Plant.

The contract was signed last month, and production is under way, said Len Doviak, GE's Schenectady spokesman.

Korea Heavy Industries is a GE licensee.

The ...

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