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CECO Environmental's Revenue Growth Strategy Validated By $600,000 Contract
PRNewswire
CINCINNATI

CECO Environmental Corp. today announced that three of its divisions are working together for the first time on a major contract, cementing the company's role as a one-stop solution provider in the pollution control industry. The contract is worth in excess of $600,000. Under the terms of the agreement, CECO subsidiary Kirk & Blum will provide a ventilation and pollution control system for a specialty textile manufacturer in the southeastern United States. Kirk & Blum will design and build the ventilation system. Another CECO division, Busch Co., will engineer a drip resistant hooding system to prevent oil contamination of the production. Emissions will be controlled by CECO Filters' fiber bed technology. Work on the ventilation and pollution control system will begin immediately and is scheduled for completion in the first half of 2002.

"The combination of expertise, experience and technology needed to create this solution is not available from any other company," says Richard Blum, President and COO of CECO Environmental. "CECO's one-stop, turnkey service is a huge benefit for our customers. Normally, a company seeking this type of integrated ventilation and pollution solution would have to deal with two or three different contractors. This is also of huge value to our shareholders because, in cases like these, CECO receives a large order that would normally be split between three separate companies."

"The nature of this contract validates CECO Environmental's strategy to become a turnkey solution provider in the pollution control industry," Blum added. "Going forward, this strategic business decision will lead to increased revenue and potential growth opportunities for the company."

CECO Environmental's bookings through November 30th stand at almost $92 million, up 9.9% from the previous year.

ABOUT CECO ENVIRONMENTAL:

CECO Environmental Corp. is North America's largest independent air pollution control company. Through its six subsidiaries -- Air Purator Corporation, Busch Company, CECO Filters, kbd/Technic, CECO Abatement and Kirk & Blum -- CECO provides a wide spectrum of air quality services and products including: industrial air filters, high performance filter fabrics, environmental maintenance, monitoring and management services, and air quality improvements systems. With over $90-million in annual revenue, CECO is a full-service provider to the steel, military, aluminum, automotive, aerospace, semiconductor, chemical, cement, metalworking, glass, foundry and virtually all industrial process industries. For more information on CECO environmental please visit the company's website at http://www.cecoenviro.com.

   FOR FURTHER INFORMATION CONTACT:

   Media Relations:                      Corporate & Investor Relations:

   Primoris Group                        CECO Environmental Corp.
   Corporate Communications              Tel: 1-800-606-CECO
   Tel: 1-877-274-0274
   Email: ceco@primorisgroup.com

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to certain risks, uncertainties and assumptions. These risks and uncertainties, which are more fully described in CECO's Annual and Quarterly Reports filed with the Securities and Exchange Commission, include changes in market conditions in the industries in which the Company operates. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary in material aspects from those currently anticipated.

SOURCE: CECO Environmental Corp.

Contact: Media Relations - Primoris Group Corporate Communications,
1-877-274-0274, ceco@primorisgroup.com; or Corporate & Investor Relations -
CECO Environmental Corp., +1-800-606-CECO

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