PR Newswire

PR Newswire

Met-Pro Environmental Air Solutions Receives Duall Brand Equipment Order Totaling in Excess of $500,000

0

Source: PR Newswire

HARLEYSVILLE, Pa., June 27, 2011 /PR Newswire/ -- Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company's Environmental Air Solutions business unit has received an order, valued in excess of $500,000, to supply a Duall brand aeration system, complete with degasifiers, scrubber, and exhaust fans, to a municipal water treatment facility. The order is expected to ship in the fourth quarter of the Company's current fiscal year.

The aeration system, which is designed to treat 6 million gallons per day, will remove hydrogen sulfide dissolved gas from contaminated groundwater as part of the process to make the groundwater suitable for public use. All equipment will be constructed of Duall's unique NSF approved DUALLast® FRP with thermoplastic inner liner for superior strength and corrosion resistance. The complete system will be fabricated at the Met-Pro Environmental Air Solutions Owosso, Michigan manufacturing facility.

'This order follows approximately $3.2 million of large project orders previously announced this month, all of which are scheduled to ship during the current fiscal year,' said De Hont. 'Together with a $700,000 order for a Duall brand industrial NOx control system announced last week, it demonstrates the Duall brand's strong presence in both the industrial and municipal sectors and reinforces their reputation as a leader in the air pollution control field. We are excited by the recent uptick in large project new order activity and remain optimistic that we can expect more orders of this type in the near future.'

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 the United States, Canada, 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:


 

Gary J. Morgan,

Joseph Hassett, SVP

 

Senior Vice President of Finance, CFO

Gregory FCA Communications

 

215-723-6751

610-228-2110

 
     


SOURCE Met-Pro Corporation

Customer comments

No comments were found for Met-Pro Environmental Air Solutions Receives Duall Brand Equipment Order Totaling in Excess of $500,000. Be the first to comment!