
CECO Environmental Announces a New Order of Approximately $5.5 Million
OVER $8.2 MILLION OF ORDERS RECEIVED IN FIRST PART OF JULY
CINCINNATI, July 15 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (NasdaqGM: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received a new order valued at approximately $5.5 million.
Jeff Lang, Chief Executive Officer, stated, "This is a significant order for our company and comes from a customer in the refining industry. Together with other orders received in the first two weeks of July, we have already booked in excess of $8.2 million for the month which continues the strengthening in our industry and in our backlog."
Mr. Lang continued, "We also recently implemented a facility consolidation plan which will eliminate excess capacity, better integrate our manufacturing platforms and enhance CECO's competitive advantage and service to our customers. We expect this process to be completed in the fourth quarter of 2010 and significantly improve our operational efficiency and overall profitability."
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, Effox, GMD, Fisher-Klosterman, Flextor and A.V.C. 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: |
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Corporate Information |
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Jeff Lang, CECO Environmental Corp. |
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Email: [email protected] |
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1-800-333-5475 |
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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.
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