Harleysville, PA, September 3, 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 $500,000, to supply a regenerative thermal oxidation (RTO) system to a materials processing company in the southern United States. This order is expected to ship during the fourth quarter of the Company's current fiscal year.
The equipment to be supplied will destroy off gases from a coating process related to natural gas drilling and extraction. The energy efficient RTO system will significantly reduce the level of volatile organic compounds emitted to the atmosphere.
"Met-Pro Systems was selected to complete this project primarily based upon their extensive experience with this application and the client's confidence in the reliability, durability and efficiency of their equipment," stated De Hont. "Their strong reputation for highly energy efficient thermal oxidizers and ability to uniquely tailor their equipment designs to exceed customer requirements were also major factors. This order reinforces Met-Pro Systems' worldwide reputation as a supplier of choice for field-proven thermal oxidation systems."
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.
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.