NasdaqGS:POWLElectrical
Will a Major Houston Expansion Reshape Powell Industries' (POWL) Future Growth Prospects?
Earlier this week, Powell Industries announced a US$12.4 million investment to expand the production capacity at its Jacintoport manufacturing facility in Houston, increasing yard space by 62% and doubling shoreline bulkhead length for greater project flexibility.
This expansion brings Powell’s total investment in Houston facilities to nearly US$40 million over eight years, strengthening its ability to serve Oil & Gas clients while providing adaptability for other sectors.
We’ll now explore...