ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE MKT: AGX) today announced that its Board of Directors declared a special cash dividend of $0.60 per share of common stock, payable November 7, 2012 to shareholders of record at the close of business on October 11, 2012.
ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE MKT: AGX) announced that its wholly owned subsidiary, Gemma Power Systems (GPS), has received full notice to proceed from East Texas Electric Cooperative (ETEC) for a contract to design and build a 49.9 MW, biomass-fired power plant near Woodville, Texas.
ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE AMEX: AGX) announced that its wholly-owned affiliate Gemma Renewable Power LLC has signed an approximately $18 million EPC contract with Patton Wind Farm LLC, a wholly-owned subsidiary of EverPower Wind Holdings, Inc., to design and build a 30 MW wind farm.