Rhea-AI Summary
ENGlobal Corporation (NASDAQ:ENG) reported progress on its hydrogen production facility, a pioneering green energy project in the U.S. The facility is set to use 20% less feed and fuel gas, reducing operational costs and carbon emissions. The engineering phase will be completed by November 2020, transitioning into module fabrication, expected to finish by May 2021. Additional work awarded has raised the project value to approximately $25 million.
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What is the current stock price of ENGlobal (ENG)?
ENGlobal (ENG) last closed at $1.08.