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MPR Met-Pro Corp.

13.60
0.00 (0.00%)
25 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Met-Pro Corp. NYSE:MPR NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.60 0.00 00:00:00

Met-Pro Corporation's Systems Business Unit Receives Equipment Order Totaling Approximately $500,000

03/09/2009 2:01pm

PR Newswire (US)


Met Pro (NYSE:MPR)
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From Nov 2019 to Nov 2024

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HARLEYSVILLE, Pa., Sept. 3 /PRNewswire-FirstCall/ -- 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." About Met-Pro 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 http://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, goodwill impairment, 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, 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 http://www.met-pro.com/. Contact: Investor Contact: Gary J. Morgan, Joseph Hassett, VP Senior Vice President of Finance, CFO Gregory FCA Communications 215-723-6751 610-228-2110 DATASOURCE: Met-Pro Corporation CONTACT: Investor Contact: Gary J. Morgan, Senior Vice President of Finance, CFO, Met-Pro, +1-215-723-6751; or Joseph Hassett, VP, Gregory FCA Communications, +1-610-228-2110 Web Site: http://www.met-pro.com/

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