Richardson Electronics Launches Monitoring Products for Wind Turbines; Shares Rise

MT Newswires Live
05-27

Richardson Electronics (RELL) said Tuesday it is launching a new line of monitoring relays for the wind and renewable markets.

The first of the products to be launched are temperature and voltage monitoring relays for turbine systems, the company said, adding that the products are compatible with GE turbines.

Shares of the company rose more than 3% in recent trading activity.

Price: 9.22, Change: +0.30, Percent Change: +3.36

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