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$3.6-Million Order Backlog Is Reported by Statordyne

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Statordyne Corp., which manufactures electric power generators, said Friday it received orders from three companies, bringing its total backlog of orders to $3.6 million.

The company, which refused to identify the three companies, has struggled since it went public at $3 a share two years ago. Its stock price has declined since, closing Thursday at at 25 cents a share in over-the-counter trading.

Statordyne was delisted from the American Stock Exchange in February because it did not meet shareholder equity requirements.

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