Met-Pro Corporation's Flex-Kleen Business Unit Receives Equipment Order Totaling Approximately $600,000
19 Janeiro 2010 - 12:32PM
PR Newswire (US)
HARLEYSVILLE, Pa., Jan. 19 /PRNewswire-FirstCall/ -- Raymond J. De
Hont, Chairman and Chief Executive Office of Met-Pro Corporation
(NYSE:MPR), announced today that the Company's Flex-Kleen business
unit has received an order, totaling approximately $600,000, to
supply a dust collection system for a petroleum coke calcining
operation in the Gulf Coast region of the United States. This order
is expected to ship in the first quarter of the Company's next
fiscal year, which begins on February 1, 2010. The dust collection
system, which includes multiple dust collector modules, will clean
the effluent air from a product cooling process following a rotary
kiln operation. The system also includes a full access package for
the dust collectors and structural steel designed specifically to
withstand hurricane force winds, which are not uncommon at this
site. Flex-Kleen was awarded this project based on its ability to
meet the customer's highly stringent emission requirements and
deliver the system under a strict timetable. "This order reinforces
Flex-Kleen's reputation as a leading supplier of high quality,
reliable dust collection equipment and represents another example
of Met-Pro's ability to provide uniquely customized solutions to
help solve the challenges of protecting our environment while
serving business and industry around the world," stated De Hont.
"We are encouraged by our success in being selected for this
project and remain optimistic that circumstances are improving for
the release of other large projects we have been pursuing." About
Met-Pro Met-Pro Corporation, with headquarters at 160 Cassell Road,
Harleysville, Pennsylvania, was recently recognized as one of
"America's Fastest Growing Small Companies" by Fortune Small
Business magazine. Through its business units in the United States,
Canada, Europe and The People's Republic of China, a wide range of
products and services is 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, goodwill impairment, 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, Joseph Hassett, VP Senior Vice President of Gregory FCA
Finance, CFO Communications 215-723-6751 610-228-2110 DATASOURCE:
Met-Pro Corporation CONTACT: Investor Contact, Gary J. Morgan,
Senior Vice President of Finance, CFO, +1-215-723-6751; or Joseph
Hassett, VP, Gregory FCA Communications, +1-610-228-2110 Web Site:
http://www.met-pro.com/
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