CECO Environmental Corp.
Rick Blum, President and Chief Operating Officer, said, "These orders were secured by our Fisher-Klosterman, CECO Abatement, Effox, H.M. White, Flextor, and Kirk & Blum subsidiaries. They involve projects for the chemical, refining, ethanol, power, automotive, and steel industries. The largest of the orders is in excess of $2 million and involves equipment for a new automotive manufacturing facility in the southeastern United States. We are pleased to be able to report that one of our newest acquisitions, Flextor, has already begun to book significant new business for CECO. We expect that the Effox/Flextor combination is going to make CECO an even more significant factor in the damper and expansion joint business."
Phillip DeZwirek, Chairman and Chief Executive Officer, stated, "We are pleased to report that our CECO Filters subsidiary has signed a contract under which it will provide, on a sole source basis, fiber bed filters to a major government agency for a four year period. This customer's process demands high quality filter performance and the fact that we were selected for this contract is a testament to the quality of the products which CECO Filters provides. While we cannot be certain of the total amount of revenue we will realize from this contract and will only book orders and add them to backlog as orders are released, we feel that it will be a significant portion of CECO Filters business over the next four years."
ABOUT CECO ENVIRONMENTAL
CECO Environmental Corp. is North America's largest independent air pollution control company. Through its subsidiaries -- Busch, CECOaire, CECO Filters, CECO Abatement Systems, kbd/Technic, Kirk & Blum, H. M. White, Inc., Effox, GMD, Fisher-Klosterman, Flextor and AVC Specialists -- CECO provides a wide spectrum of air quality services and products including: industrial air filters, environmental maintenance, monitoring and management services, and air quality improvements systems. CECO is a full-service provider to the steel, military, aluminum, automotive, ethanol, aerospace, electric power, 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 www.cecoenviro.com .
Contact: Corporate Information Phillip DeZwirek, CECO Environmental Corp. Email:
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.
First Call Analyst:
SOURCE: CECO Environmental Corp.
Contact: Phillip DeZwirek, CECO Environmental Corp., +1-800-606-CECO
Web site: http://www.cecoenviro.com/