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Home > (KBR, KFT, CTL, GMT, CLNO) Stocks in Action by PennyOTCStock.com

(KBR, KFT, CTL, GMT, CLNO) Stocks in Action by PennyOTCStock.com

October 13th, 2011 at 02:37 pm











KBR, Inc. (NYSE:KBR) was founded in 1901 and is headquartered in Houston, Texas. KBR, together with its subsidiaries, operates as an engineering, construction, and services company worldwide. KBR operates in three segments: Hydrocarbons; Infrastructure, Government and Power; Services; and Other.



KBR yesterday announced it was awarded a three-year contract to provide program and project management services for Unitywater—a retail and distribution authority providing water to the fast-growing populations near Brisbane, Queensland, Australia. KBR’s scope of work includes scheduling, estimating and construction management for water and sewage projects ranging from AUS$50,000 to $2 million. Unitywater’s Chief Operating Officer, George Theo said the three-year contract had been awarded following a rigorous and transparent tendering process.

“We are proud to have been appointed to provide project and program management services to Unitywater and the people of the Sunshine Coast and Moreton Bay regions,” said Colin Elliott, President, KBR’s Infrastructure & Minerals. "This contract builds on our extensive expertise and experience in project management of water programs, including a project management and procurement (PMP) appointment with SA Water and a similar contract with Scottish Water.”

For more information about KBR, please visit www.kbr.com



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Cleantech Transit, Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net).

At its core, renewable forest biomass energy is using material from the forest, including limbs, branches, bark, underbrush, smaller and inferior trees, and wood wastes from manufacturing to produce energy, including power, heat and transportation fuels. It is the original renewable energy, and is presently the largest source of renewable electricity in the U.S., exceeding wind, solar, and geothermal combined. The forest products industry uses wood waste from the manufacturing process to meet 65% of its power needs. The future holds the promise of using forest biomass as a domestic source of ethanol to fuel transportation and decrease our dependence on foreign oil.









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