Statordyne Rings Up Two Major Sales

Statordyne Corp. said Thursday that it has made two deals to sell electrical power protection systems--transactions Statordyne called “another important step in our transition from a development-stage enterprise to an operating company.”

A $256,000 order from the nation’s largest Caterpillar dealer--Ringhaver Power Systems in Tampa, Fla.--boosted Statordyne’s backlog of orders to $1.1 million.

The Anaheim company said it also sold a $186,000 system to the American Assn. of Retired Persons.