Question-and-Answer Session
Operator
(Operator instructions) Michael Gallo, C.L. King.
Michael Gallo – C.L. King
Good morning.
Dennis Oates
Good morning, Mike.
Michael Gallo – C.L. King
A couple of questions. First, just wanted to hit on the power generation market, obviously we've had some fits and starts over the last couple of years in that market. It was nice to see the pickup sequentially as well as the nice order that you booked in the quarter. Should we expect to see some sustainable momentum in that market, or is there anything unusual where you booked an order this quarter and we shouldn't expect that kind of activity going forward?
Dennis Oates
I would view it as sustainable from everything we are hearing from our customers and our plans for the rest of the year. As they look at the globe and the energy requirements around the globe, Mike, it's pretty much a consistent story that we should expect. Bigger and better things as we go through this year and into the next couple of years, quite frankly.
Michael Gallo – C.L. King
Okay great. And then perhaps I missed it in your prepared remarks, , but I didn't hear you talk about the high temperature annealing equipment at Dunkirk that had been originally talked about a couple quarters ago and was originally supposed to come online in the second quarter. Is that still planned, or did I miss that?
Dennis Oates
I did comment on it. We did complete that project and the equipment is there; it's up and running. We fired the furnace up earlier this week. It's now going through its qualifying stages, and we would expect production runs to begin there towards the third or fourth week of May.
Michael Gallo – C.L. King
So would you – you would expect to be in full operation on that, then, in the third quarter?
Dennis Oates
Yes.
Michael Gallo – C.L. King
Okay. And is it still fair to assume $20 million in annual revenues off of that or–?
Dennis Oates
We are not backing away from that initial estimate, no. So $20 million is still our target for that facility on an annual basis.
Michael Gallo – C.L. King
Right, okay, thanks a lot.
Dennis Oates
You are welcome.
Operator
Your next question comes from the line of Kevin Money with Cleveland Research.
Kevin Money – Cleveland Research
Hello.
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