CINCINNATI, Sept. 18, 2013 /PRNewswire/ -- CECO
Environmental Corp. (NasdaqGM: CECE), a leading global
environmental technology company focused on critical solutions in
the product recovery, air pollution control, fluid handling and
filtration segments, announced today that it has received several
new orders totaling $19
million.
The new orders spanned a variety of sectors including natural
gas, power generation, automotive, food, oil refinery and wind
turbines and will be shipped to customers in the United States, Canada, Europe and Asia.
"These orders included several product technologies from the
recently acquired Met-Pro division, which is integrating as planned
into CECO Environmental," commented Jeff
Lang, President and Chief Executive Officer of CECO.
CECO also announced that Raymond J. De Hont, the former
President and Chief Executive Officer of Met-Pro Corporation, has
retired from the Company. Mr. De Hont will remain as a consultant
for the next several months to help ensure the smooth integration
of Met-Pro and CECO Environmental.
Mr. Lang continued, "I would like to wish Ray the very best in
his retirement and we all thank him for his valued contributions to
Met-Pro along with his role in our transformational
transaction."
ABOUT CECO ENVIRONMENTAL
CECO Environmental is a
leading global environmental technology company focused on critical
solutions in the product recovery, air pollution control, fluid
handling and liquid filtration segments. Through its well-known
brands, CECO provides a wide spectrum of products and services
including dampers & diverters, cyclonic technology, thermal
oxidizers, filtration systems, scrubbers, fluid handling equipment
and plant engineered services and engineered design build
fabrication. These products play a vital role in helping companies
achieve exacting production standards, meeting increasing plant
needs and stringent emissions control regulations around the
globe. CECO globally serves the broadest range of markets and
industries including power, municipalities, chemical, industrial
manufacturing, refining, petrochemical, metals, minerals &
mining, hospitals and universities. CECO is focused on building
long-term shareholder value by bringing its unique technology,
portfolio and operational excellence to strategic key growth
markets around the world, while maintaining the highest standards
of employee development, project execution and safety
leadership.
CECO is listed on NASDAQ under the ticker symbol "CECE" and is a
member company of the Russell 2000 Index. For more information on
CECO Environmental, please visit the company's website at
http://www.cecoenviro.com.
Contact:
Corporate
Information
Jason
DeZwirek, Chairman
Jeff
Lang, Chief Executive
Officer
1-800-333-5475
This press release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All forward-looking statements are subject to certain
risks, uncertainties and assumptions. These risks and
uncertainties, which are more fully described in CECO's Annual and
Quarterly Reports filed with the Securities and Exchange
Commission, include changes in market conditions in the industries
in which the Company operates. Should one or more of these
risks or uncertainties materialize, or should the assumption prove
incorrect, actual results may vary in material aspects from those
currently anticipated.
SOURCE CECO Environmental Corp.