John Stephenson
Primary Energy Recycling
PRI-T
BUY
Jun 28, 2006
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.
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 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.