Met-Pro Corporation's Duall Business Unit Receives Equipment Orders Totaling in Excess of $550,000
July 17 2008 - 8:30AM
PR Newswire (US)
HARLEYSVILLE, Pa., July 17 /PRNewswire-FirstCall/ -- Raymond J. De
Hont, Chairman and Chief Executive Officer of Met-Pro Corporation
(NYSE:MPR), announced today that the Company's Duall business unit
has received two orders to supply odor control systems to two
municipal wastewater treatment facilities in the Northeast United
States. The combined total of these orders is more than $550,000.
Both orders are expected to ship in the fourth quarter of the
Company's current fiscal year ending January 31, 2009. "These
orders demonstrate Duall's continuing strong presence in the
municipal odor control market," said De Hont. "Not only do they
reinforce Duall's reputation as a leader in this field, they also
reinforce the growing demand for Met-Pro's solutions that help
solve the challenges of protecting our environment while serving
business and industry around the world. Together with a steady
level of customer interest and quotation activity for similar type
projects, they allow us to remain optimistic about our prospects
for future orders of this type at Duall." These orders are to
supply Duall F Series low profile chemical scrubbers, Duall NH
Series centrifugal exhaust fans, ducting, controls and
instrumentation. The odor control systems will also utilize Series
5530 vertical dry pit recirculation pumps from the Company's Fybroc
business unit. These systems, which are designed to remove odors
emitted from the wastewater treatment process, will be manufactured
in Duall's Owosso, Michigan facility. About Met-Pro Met-Pro
Corporation, with headquarters at 160 Cassell Road, Harleysville,
Pennsylvania, was recently recognized, for the second consecutive
year, as one of America's "200 Best Small Companies" by Forbes
magazine. The Company was also recently named as one of the world's
"Top Small to Midsize Manufacturers" by Start-It magazine for the
second year in a row. Through its business units, in the United
States, Canada, Europe and The People's Republic of China, a wide
range of products and services are offered for industrial,
commercial, municipal and residential markets worldwide. These
include product recovery and pollution control technologies for
purification of air and liquids; fluid handling technologies for
corrosive, abrasive and high temperature liquids; Mefiag filtration
technologies for harsh, corrosive liquid filtration applications;
and filtration and purification technologies which include
proprietary water treatment chemicals and filter products for air
and liquid filtration. 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 news 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 website at
http://www.met-pro.com/. Contact: Investor Contact: Gary J. Morgan,
Senior Vice President of Finance, CFO 215-723-6751 Joseph Hassett,
VP Gregory FCA Communications 610-642-8253 extension 120
DATASOURCE: Met-Pro Corporation CONTACT: Gary J. Morgan, Senior
Vice President of Finance, CFO, +1-215-723-6751, ; or Joseph
Hassett, VP, Gregory FCA Communications, +1-610-642-8253 extension
120, Web site: http://www.met-pro.com/
Copyright
Met Pro (NYSE:MPR)
Historical Stock Chart
From May 2024 to Jun 2024
Met Pro (NYSE:MPR)
Historical Stock Chart
From Jun 2023 to Jun 2024