Met-Pro Corporation's Systems Business Unit Receives Equipment Order Totaling Approximately $800,000
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Harleysville, PA, October 5, 2009 - Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE:MPR), announced today that the Company's Systems business unit has received an order, totaling approximately $800,000, to supply a thermal oxidizer system to a chemicals company in the southern United States. This order is expected to ship during the fourth quarter of the Company's current fiscal year.
The thermal oxidizer system, which includes an integrated quench/scrubber system supplied by Met-Pro's Duall business unit, will destroy chlorine and fluorine-laden off gases from ground water and soil remediation sources and remove the resulting acid gases from the thermal oxidizer flue gas. The system also includes heat recuperation to minimize auxiliary fuel consumption and maximize energy efficiency.
"This order follows three other orders for pollution control equipment, totaling approximately $2.0 million, announced in September," stated De Hont. "It represents another example of Met-Pro's ability to provide synergistic solutions that integrate multi-discipline technologies from the Company's diverse product brands and reinforces Met-Pro Systems' worldwide reputation as a supplier of choice for field-proven thermal oxidation systems. Met-Pro Systems was selected by this repeat customer based on their extensive experience with similar complex applications and the client's confidence in the reliability, durability and efficiency of Met-Pro's products. In addition, Met-Pro's ability to package a comprehensive solution utilizing multiple Met-Pro technologies was also a major factor. We continue to be encouraged by our success in being selected for these projects and remain cautiously 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. In 2008, the Company was also named one of America's "200 Best Small Companies" by Forbes magazine for the third 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 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 www.met-pro.com.
Contact:
Joseph Hassett, VP
Gregory FCA Communications
610-228-2110
