SYPR - Sypris shares up on bagging orders from two high-pressure energy projects

Sypris Technologies, a subsidiary of Sypris Solutions (SYPR) has received orders for its Tube Turns D-bolt and Tool-less specialty closures for use in high-pressure oil and gas applications, including the Anchor Field development project in the Gulf of Mexico and the planned upgrade of a natural gas pipeline system in North America.Production for both awards will begin immediately and are expected to be completed prior to year-end.Terms of the purchases were not disclosed.Shares up 14.6% premarket.

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Sypris shares up on bagging orders from two high-pressure energy projects