CINCINNATI, May 16, 2012 /PRNewswire/ -- CECO
Environmental Corp. (NasdaqGM: CECE), a leading global provider
of air pollution control technology and industrial ventilation
systems, announced today that it has recently received several new
orders totaling $8.8
million.
The new orders include four from Chinese customers in the
chemical and polysilicon industries, several from automotive, power
and aluminum customers in the U.S., and two from a customer in
Saudi Arabia in the power
industry.
Jeff Lang, CECO's Chief Executive
Officer, commented, "We are very pleased with the increased global
activity and excited about receiving these significant
orders. We are seeing improved capital expenditure spending
from both new and existing customers throughout the world that we
believe will further contribute to our overall growth in revenues
and profitability."
ABOUT CECO ENVIRONMENTAL
CECO Environmental is a leading global provider of air pollution
control technology. Through its subsidiaries – Busch
International, CECO Filters, CECO Abatement Systems, Kirk &
Blum, Effox-Flextor, Fisher-Klosterman/Buell, CECO China and A.V.C.
Specialists – CECO provides a wide spectrum of air quality products
and services including engineered equipment, cyclones, scrubbers,
dampers, diverters, RTO's, component parts and monitoring and
management services. Industries served include refining,
petro-chemical, power, aluminum, steel, automotive, chemical and
large industrial processes. Revenue from engineered equipment
technology is approximately 75% and 25% from parts, services and
aftermarket. Global Growth, Operational Excellence, Margin
Expansion, Safety, and Employee Development are CECO's core
competencies and long term objectives.
For more information on CECO Environmental, please visit the
company's website at http://www.cecoenviro.com.
Contact:
Corporate Information
Jeff Lang, CECO Environmental
Corp.
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.