Corporate Report: Aug. 20 - Aug. 26

Turbine Generator Maintenance sold to top three executives
The senior management of Cape Coral-based Turbine Generator Maintenance Inc. — CEO David Branton, Chief Financial Officer Robert Davis and Vice President of Sales and Marketing Todd Feeley — purchased the company from GFI Energy Ventures LLC.
Branton said that the former owners had started negotiating to sell the company to a large out-of-state competitor.
“Senior management did not see the long-term benefit to the company, its employees, or customers and put together a buy-out package that would keep the company intact and in the state,” he wrote in an email to the Review. “The new owners have taken a long-term view of growing the company in its present location and are working diligently with local colleges and technical schools to train turbine generator specialists.”
Turbine Generator Maintenance has been servicing steam and gas turbine generator sets throughout the United States and Central and South America since 1986.