Sandy McIntyre
Primary Energy Recycling
PRI-T
TOP PICK
May 12, 2006
(A Top Pick March 3/06. Up 2% plus distributions.) Converts waste heat from factories etc into hydro. Just increased their distribution. Increasing capacity in one of their facilities.
They capture the waste heat from steel mills in Illinois area, convert it to electricity and resell this electricity back to the host plant. Energy recycling is an interesting idea.
A great company. Basically, they reclaim energy from steel mills. If there is any negative, it is that steel is a cyclical business. Hugely profitable.