H2O Innovation Awarded Three New Contracts for the Design of Potable Water Treatments

H2O Innovation Inc. (TSXV:HEO) reported that it was awarded three new contracts for the design of potable water treatment systems. Together, these three contracts total $8.9 million.
According to the press release:

These new contracts bring the sales backlog to a high level of $44.3 million as at November 5, 2015, excluding the sales backlog from its Specialty Products and Services business lines (PWT, Piedmont and H2O Innovation Maple).
H2O Innovation is proud to have been selected by three different water authorities for the design, manufacture and commissioning of ultrafiltration (UF) systems to service municipal clients. These systems, located in Oregon, Texas and Virginia, will each be designed using the FiberFlexTM skid, an open platform technology developed by H2O Innovation allowing interchangeability between different brands of UF membrane modules.
The first contract will allow H2O Innovation to expand its presence in Texas. The City of Sherman selected the Company for the design, manufacture and commissioning of a UF membrane system of five (5) trains to treat water from Lake Texoma and produce 11.3 MGD (42,775 m3 /day) of potable water. This system will help the City of Sherman upgrade an aging treatment system and more efficiently treat the city’s water.
A second contract is for the design, manufacture and commissioning of a water treatment system for the City of Lebanon; a first for H2O Innovation in the State of Oregon. “This project represents an important opportunity to introduce, in the State of Oregon, the Company’s membrane filtration knowledge and its unique FiberFlexTM skid”, stated Frédéric Dugré President and Chief Executive Officer of H2O Innovation. Once completed, this system will be treating water from the South Santiam River in order to produce 4.5 MGD (17,034 m3 /day) of potable water.

Click here to find the full press release.