PR Newswire

PR Newswire

Met-Pro Corporation`s Strobic Air Business Unit Receives New Order Totaling Approximately $3.5 Million

0

Source: PR Newswire

HARLEYSVILLE, Pa., Nov. 16, 2011 /PR Newswire/ -- Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company's Strobic Air business unit has received an order valued at approximately $3.5 million, for research laboratory fume hood exhaust systems to be installed at a premier university in the Northeast United States. This order is expected to ship early next year.

Strobic Air will supply a total of 68 Tri-Stack® fans, 27 of which will utilize Strobic Air's patented Acoustical Silencer Nozzle and Acoustical Windband technology. The order will also include five Energy Recovery Units, which will drastically reduce the laboratory's energy costs.

'This order is an excellent example of Met-Pro's diverse portfolio of energy-efficient, environmentally-friendly solutions and products,' stated De Hont. 'We are encouraged by the market's continued interest in our industry-leading technologies and remain confident that the Company is well positioned to capitalize on the very powerful trends toward global environmental stewardship, energy efficiency and process improvement.'  

About Met-Pro

Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a leading niche-oriented global provider of product recovery, pollution control, fluid handling and filtration solutions. The Company's diverse and synergistic solutions and products address the world's growing need for clean air and water, reduced energy consumption and improved operating efficiencies. Through its global sales organization, internationally recognized brands, and operations in North America, South America, 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.

The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for forward-looking statements. Certain information included in this news release, and other materials filed or to be filed with the Securities and Exchange Commission (as well as information included in oral or other written statements made or to be made by the Company), contain statements that are forward-looking. Such statements may relate to plans for future expansion, business development activities, capital spending, financing, the effects of regulation and competition, or anticipated sales or earnings results. Such information involves risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company. These risks and uncertainties include, but are not limited to, those relating to, the cancellation or delay of purchase orders and shipments, product development activities, goodwill impairment, computer systems implementation, dependence on existing management, the continuation of effective cost and quality control measures, retention of customers, global economic and market conditions, and changes in federal or state laws.

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.

Contact:

Investor Contact:



Raymond J. De Hont,

Joseph Hassett, SVP


Chairman and Chief Executive Officer

Gregory FCA Communications


215-723-6751

610-228-2110



SOURCE Met-Pro Corporation

Customer comments

No comments were found for Met-Pro Corporation`s Strobic Air Business Unit Receives New Order Totaling Approximately $3.5 Million. Be the first to comment!