Galenfeha (GLFH) Signs Exclusive West Texas Distributor, Projects Strong 3Q Sales

Galenfeha, Inc. (GLFH), a design, engineering and manufacturing firm focused on stored energy solutions, has signed an exclusive agreement with Control Equipment, Inc. (“CEI”) to distribute Galenfeha production and stored energy product lines, including its LiFePO4 battery systems, iWaV systems, and ultra-high precision chemical injection pumps.

For more than 60 years, CEI has been a top distributor for some of the leading manufacturers in oil and gas equipment, operating five facilities throughout West Texas, where it will be Galenfeha’s exclusive supplier.

Lucien Marioneaux, Jr., Galenfeha’s president and CEO commented, “CEI’s tenure in the industry speaks to its quality products and customer service. We are delighted they will now represent us in West Texas, and look forward to a highly successful partnership.”

Galenfeha also noted that the distributorship agreement reaffirms management’s commitment to continued revenue growth. The company also forecast that increased market acceptance of its products will drive third-quarter revenues above all previous quarters.

For more information visit www.galenfeha.com

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