Apple Turns 50: From Garage Startup to AI Crossroads 
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers 
Britain Courts Anthropic Amid US Defense Department Dispute 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Ford Issues Major Recall on Over 422,000 Vehicles Due to Windshield Wiper Defect 
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
HOUSTON, Nov. 28, 2016 -- American Electric Technologies, Inc. (NASDAQ:AETI), a leading provider of power delivery solutions for the global energy industry, announced today that its M&I Electric business has recently been selected to provide a turnkey power delivery solution for a land fill gas reclamation project in the United States.
M&I will provide a turnkey power delivery solution including a M&I Power Distribution Center with Medium Voltage Switchgear, Medium Voltage Motor Controllers, Low Voltage MCC, transformers and other ancillary power distribution equipment.
The High BTU landfill gas project is being deployed at a regional recycling and disposal facility in the Midwest United States that provides safe and convenient disposal services for communities, businesses and industries serving. Instead of the Land Fill Gas (LFG) being disposed of and wasted via flaring, it will be transported via a pipeline and beneficially sold to an external party.
“We are pleased to have been selected for this important Land Fill Gas project with a leading international independent provider of comprehensive energy efficiency and renewable energy solutions," said Charles Dauber, President and CEO, AETI. "This project exemplifies our mission of Empowering EnergyTM and continues to show our progress in delivering customized, turnkey solutions for challenging energy industry project.”
M&I expects delivery of this project to occur in the first quarter of 2017. Additional details were not disclosed.
About AETI:
American Electric Technologies, Inc. (NASDAQ:AETI) is a leading supplier of power delivery solutions for the global energy industry. AETI offers M&I Electric™ power distribution and control products, electrical services, and E&I construction services. AETI is headquartered in Houston and has global operations in Beaumont, Texas; and Rio de Janeiro and Macae, Brazil. In addition, AETI has minority interests in two joint ventures, which have facilities located in Xian, China and Singapore. AETI’s SEC filings, news and product/service information are available at www.aeti.com.
Contact: Bill Brod Chief Financial Officer 713-644-8182
