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Barnhart Crane & Rigging signs contract to store delayed power plant equipment for Mirant


MEMPHIS, Tenn., April 29, 2002 -- Barnhart Crane & Rigging has signed a contract with Mirant Corporation to transport and store generators, turbines, HRSG modules, and MSD components at its facilities in Memphis.

"The power industry is in the middle of an unexpected construction slowdown caused by limited financial resources as a result of the Enron crisis and other economic factors. The slowdown has resulted in power construction projects being put on hold throughout the country. However, some key power plant construction components have a long lead-time. In some cases, the project has been slowed down, but the equipment has already been manufactured, creating a need for storage," Art Porter, Project Manager at Barnhart Crane & Rigging.

Barnhart's facilities adjacent to the Memphis Defense Depot and the Port of Memphis provide three types of storage: open, open air warehouse and an enclosed warehouse. The facilities are accessible via rail, truck and barge and include over 100 acres of storage and warehouses and include "Ichabod", the 1,250 derrick on the Mississippi River.

The Mirant contract calls for Barnhart Crane & Rigging to transport and store a variety of power plant components ranging from duct sections to combustion turbine / generator units. "These components will be transported to several project sites for construction of power plants in 18 to 24 months," Porter said.

Barnhart Crane & Rigging, established in 1969, is a national supplier of specialized heavy rigging and transportation solutions. The company, with eight locations across the United States, also provides crane services, machinery moving, plant relocations, as well as project cargo logistics and heavy equipment storage at its 100-acre, 300,000-square-foot warehouse facility in Memphis, Tenn. Barnhart Crane & Rigging, an ISO 9002 certified supplier, also operates terminal facilities at the Port of Memphis and the deepwater Port of Mobile, Ala. For more information, visit www.barnhartcrane.com.




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