Met-Pro Corporation is Named a Top Publicly Held Manufacturer by Start-It Magazine
June 07 2007 - 10:20AM
PR Newswire (US)
HARLEYSVILLE, Pa., June 7 /PRNewswire-FirstCall/ -- Raymond J. De
Hont, Chairman and Chief Executive Officer of Met-Pro Corporation
(NYSE:MPR), announced today that the Company has been recognized as
one of America's "Top Publicly-Held Manufacturers" by Start-It
magazine. According to Start-It, this list highlights "top
publicly-held manufacturers chosen by revenue" in the industrial
machinery sector of "discrete Industries". "We are honored to be
acknowledged by Start-It as a top revenue gainer," said De Hont.
"This achievement is a source of great pride for our dedicated
employees, without whom this recognition would not be possible."
Earlier this week, Met-Pro's Board of Directors declared a
quarterly dividend of $0.0675 per share payable on September 10,
2007 to shareholders of record at the close of business on August
27, 2007. This dividend represents an 8% increase over the same
period last year. This is the thirty-second consecutive year that
Met-Pro Corporation has paid either a cash or stock dividend. About
Met-Pro Met-Pro Corporation, with headquarters at 160 Cassell Road,
Harleysville, Pennsylvania, was recently recognized as one of
America's "200 Best Small Companies" by Forbes magazine. Through
its divisions and subsidiaries, in four states, Canada, Europe and
The People's Republic of China, a wide range of products and
services are offered for industrial, commercial, and residential
markets. These include Product Recovery and Pollution Control
Technologies for purification of air and liquids; Fluid Handling
Technologies for corrosive, abrasive and high temperature liquids;
and Filtration and Purification Technologies including proprietary
water treatment chemicals and filter products. For more
information, please visit http://www.met-pro.com/ . The Private
Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Certain information included in
this press release, and other materials filed or to be filed with
the Securities and Exchange Commission (as well as information
included in oral or other written statements made or to be made by
the Company) contain statements that are forward-looking. Such
statements may relate to plans for future expansion, business
development activities, capital spending, financing, the effects of
regulation and competition, or anticipated sales or earnings
results. Such information involves risks and uncertainties that
could significantly affect results in the future and, accordingly,
such results may differ from those expressed in any forward-looking
statements made by or on behalf of the Company. These risks and
uncertainties include, but are not limited to, those relating to,
the cancellation or delay of purchase orders and shipments, product
development activities, computer systems implementation, dependence
on existing management, the continuation of effective cost and
quality control measures, retention of customers, global economic
and market conditions, and changes in federal or state laws.
Met-Pro common shares are traded on the New York Stock Exchange,
symbol MPR. To obtain an Annual Report or additional information on
the Company, please call 215-723-6751 and ask for the Investor
Relations Department, or visit the Company's Web site at
http://www.met-pro.com/ . Investor Contact: Gary J. Morgan, Senior
Vice President of Finance, CFO 215-723-6751, DATASOURCE: Met-Pro
Corporation CONTACT: Gary J. Morgan, Senior Vice President of
Finance, CFO of Met- Pro Corporation, +1-215-723-6751, Web site:
http://www.met-pro.com/
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