HARLEYSVILLE, Pa. - Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company's Met-Pro Environmental Air Solutions business unit has received an aftermarket parts order in excess of $650,000 for one of the largest automotive manufacturers in the United States.
This order consists of consumable parts for several rotary concentrators supplied by a competitor that are used in conjunction with the competitor's thermal oxidation system, which eliminates volatile organic solvent exhaust fumes from automotive paint application equipment before they are discharged into the atmosphere. It is expected to ship during the fourth quarter of the Company's current fiscal year ending January 31, 2011.
'This order validates that original equipment sales, both ours and our competitors', continue to be a tremendous source of aftermarket sales opportunities for Met-Pro Corporation,' stated De Hont. 'It is another example of Met-Pro's ability to successfully compete for revenues attributable to recurring demand for parts and consumables for our competitors' base of installed equipment. Together with a steady stream of customer interest, it allows us to remain optimistic regarding the future growth of our aftermarket business.'