Met-Pro Corporation's Strobic Air Business Unit Receives New Equipment Orders Totaling Approximately $1.5 Million
160 Cassell Rd., P.O. Box 144
Harleysville, PA, 19438 0144
Press release date: July 31, 2012
Harleysville, PA - Met-Pro Corporation (NYSE: MPR-News), announced today that the Company's Strobic Air business unit has received three orders with a total value of approximately $1.5 million for laboratory fume hood exhaust systems. One order is to be installed at the United States headquarters of a premiere global pharmaceutical company while the other orders will be installed at laboratories at two leading U. S. universities. All three orders are expected to ship in the second half of the Company's current fiscal year.
Strobic Air was awarded these contracts based on their recognized leadership in the market for low profile exhaust systems, specifically those designed to handle the complex issues of laboratory exhaust. For two of the projects, Strobic Air will supply a total of 18 Tri-Stack® fans, all of which will utilize Strobic Air's patented Acoustical Silencer Nozzle technology. For the third project, 17 Tri-Stack® fans will be supplied.
"These orders reinforce Strobic Air's reputation as the supplier of choice for best-in-class, technologically advanced fume hood exhaust systems at industrial, institutional and government laboratories," said Raymond J. De Hont, Chairman and Chief Executive Officer. "Together with a steady level of customer interest and quotation activity, they allow us to remain optimistic about our future prospects at Strobic Air."
Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a leading niche-oriented global provider of product recovery, pollution control, fluid handling and filtration solutions. The Company's diverse and synergistic solutions and products address the world's growing need for clean air and water, reduced energy consumption and improved operating efficiencies. Through its global sales organization, internationally recognized brands, and operations in North America, South America, Europe and The People's Republic of China, Met-Pro's solutions, products and systems are sold to a well-diversified cross-section of customers and markets around the world. For more information, please visit www.met-pro.com.