EXHIBIT 23.1



                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS




We have issued our report dated August 16, 2001, except for Note F as to which
the date is September 28, 2001, accompanying the consolidated financial
statements of Peerless Mfg. Co. and Subsidiaries included in the Annual Report
on Form 10-K for the year ended June 30, 2001, which is incorporated by
reference in this Registration Statement. We consent to the incorporation by
reference in this Registration Statement of the aforementioned report.


GRANT THORNTON LLP

Dallas, Texas
January 11, 2002