Met-Pro Corporation's Mefiag Business Unit Receives Equipment Orders Totaling in Excess of $500,000
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Harleysville, PA, March 27 - Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE:MPR), announced today that the Company's Mefiag business unit has received two (2) orders totaling more than $500,000 to supply sixty-four (64) high efficiency filtration systems to major suppliers of motorcycle parts and consumer hardware items located in California and Mexico. All of the equipment is expected to ship in the Company's current fiscal year ending January 31, 2009.
The filtration systems, which utilize Mefiag high flow horizontal disc filters, Sethco cartridge and bag filters, and Fybroc and Sethco corrosion resistant pumps, will be installed on automatic plating lines where the parts will be plated with copper, nickel and chrome. Mefiag filtration systems were chosen for their ability to meet the stringent requirements and provide the level of filtration necessary to produce high quality finished parts.
"These orders are another example of Met-Pro's ability to provide a system solution to a customer's requirements by utilizing multiple Met-Pro products," stated De Hont. "They validate Mefiag's reputation as a supplier of choice for the toughest, most corrosive filtration applications in the plating and metal finishing industries. Together with a steady level of customer interest and quotation activity, they allow us to remain optimistic about our prospects for future awards of this type at Mefiag."
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 America's "Top Publicly-Held Manufacturers" by Start-It 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 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; and filtration and purification technologies including proprietary water treatment chemicals and filter products. For more information, please visit www.met-pro.com.
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 www.met-pro.com.
