Global Power Equipment Group Inc. announced that Frank E. Williams, Jr. has been appointed to the Board of Directors of the company. Mr. Williams has over 40 years of experience in corporate management with a diverse range of companies involved in steel fabrication, construction services, steel erection, power, and banking. Mr. Williams currently serves as Chairman and principal owner of Williams Enterprises of Georgia Inc., Chairman and Chief Executive Officer of Bosworth Steel Erectors Inc., Chairman of Kaiser Group Holdings Inc., and as a Director of Diamondhead Casino Corporation, Verdant Power Inc., Prudent Capital and Capital Bank, NA.

Global Power Equipment Group Inc. appointed David L. Keller as president and CEO. Keller was also appointed to the board of directors. Keller was president and chief operating officer of Babcock & Wilcox Co. John M. Matheson, who had served as Global Power Equipment's president and CEO since November 2006 and in other executive positions since 2001, has resigned. Matheson will assist with the transition in leadership.

Global Power Equipment Group Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the three months ended June 30, 2009, the Company reported revenues of $155.8 million and net income of $17.4 million, or $0.12 per diluted share. Revenues for the three months ended June 30, 2008 were $150.4 million and a net income of $10.9 million, or $0.08 per diluted share. EBITDAR (earnings before interest, taxes, depreciation and amortization and reorganization expense) from continuing operations was $15.4 million for the three months ended June 30, 2009 as compared to $17.1 million for the three months ended June 30, 2008. For the period, the company reported operating income of $14.45 million, income from continuing operations of $10.70 million, or $0.04 per diluted share, compared to operating income of $16.129 million, income from continuing operations of $10.908 million, or $0 per diluted share for the same period a year ago. For the six months ended June 30, 2009, the Company reported revenues of $281.8 million and net income of $30.1 million, or $0.22 per diluted share. Revenues for the six months ended June 30, 2008 were $268.7 million and a net income of $7.6 million, which included $25.1 million of reorganization expenses, or $0.06 per diluted share. EBITDAR (earnings before interest, taxes, depreciation and amortization and reorganization expense) from continuing operations was $32.0 million for the six months ended June 30, 2009 as compared to $28.2 million for the six months ended June 30, 2008. Net cash provided by operating activities of $43.76 million, compared to net cash used in operating activities of $167.47 million for the same period pervious year. For the period, the company reported operating income of $30.156 million, income from continuing operations of $22.718 million, or $0.05 per diluted share, compared to operating income of $26.246 million, loss from continuing operations of $5,627 million, or $0.11 per diluted share for the same period a year ago.