Harleysville, PA - Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE:MPR), announced today that the Company's Mefiag B.V. subsidiary, in Heerenveen, The Netherlands, has received an order totaling approximately $550,000 from German automotive component manufacturer, Bolta Werke GmbH, to supply all of the high-efficiency filtration systems for one of the world's largest automated plastics plating lines. This equipment is expected to ship in the third quarter of the Company's current fiscal year.
The filtration systems, which utilize Mefiag's high flow horizontal disc filters, will be installed on automated copper and nickel plating lines. Mefiag's filtration systems were chosen for their ability to meet the stringent requirements of Bolta Werke GmbH and provide the level of filtration necessary to produce high quality finished parts.
"This order, from one of the world's largest suppliers of plated plastic parts to the automotive industry, validates Mefiag's reputation as a supplier of choice for the toughest, most corrosive filtration applications in the plating and metal finishing industries," stated De Hont. "It also demonstrates Met-Pro's broad international reach and gives us continued optimism for future orders of this type."
Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a leading niche-oriented global provider of product recovery, pollution control and fluid handling solutions. The Company's diverse and synergistic solutions and products address the world's growing need to meet more stringent emission regulations, reduce energy consumption and employ green technology. Through its global sales organization, internationally recognized brands, and operations in the United States, Canada, 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.
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 www.met-pro.com.