Met-Pro Corporation's International Business Unit Receives Equipment Order Totaling in Excess of $625,000
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Harleysville, PA, March 24, 2009 - Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE:MPR), announced today that the Company's International business unit has received an order in excess of $625,000 to supply two (2) Flex-Kleen dust collectors to one of the largest petrochemical complexes in the world in the Kingdom of Saudi Arabia. This order, which was received from a leading engineering company in Saudi Arabia, is expected to ship in the fourth quarter of the Company's current fiscal year.
Both of the dust collectors included in this order will be used to collect light hydrocarbons in an olefins recovery process, such as those from polyethylene, ethylene, ethylene-glycol, and polymers, so that they can be recycled for use as a feedstock for further petrochemical production.
About Met-Pro
Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, was recently recognized, for the third consecutive year, as one of America's "200 Best Small Companies" by Forbes magazine. In 2008, the Company was also named one of the world's "Top Small to Midsize Manufacturers" by Start-It magazine for the second 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 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; 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.
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 www.met-pro.com.
Contact:
Investor Contact:
Gary J. Morgan,
Senior Vice President of Finance, CFO
215-723-6751
Joseph Hassett, VP
Gregory FCA Communications
610-228-2110
Met Pro Corporation
160 Cassell Road, P.O. Box 144
Harleysville, PA 19438
(214) 723-6751,
Fax (215) 723-6226
E-mail:mpr@met-pro.com
