CECO Environmental Secures New Orders Totaling Approximately $10 Million
SIX ORDERS TOTALING $2.2 MILLION FROM INTERNATIONAL MARKETS
CINCINNATI, March 26 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has secured new orders totaling approximately $10 million.
Jeff Lang, Chief Executive Officer, stated, "These orders were secured by our equipment and contracting services divisions from the cement, chemical, mining, steel, refining, power, and foundry industries. The most significant of the orders was a $2.6 million design build contract secured by K&B Services from the chemical industry."
Phillip DeZwirek, Chairman, stated, "We are very pleased that several of the orders were secured internationally from China, India, and the Middle East. Through the end of February, over 21% of CECO's 2010 bookings have come from overseas, which is a significant area of growth potential for the Company."
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:
Corporate Information
Phillip DeZwirek, CECO Environmental Corp.
Email: [email protected]
1-800-606-CECO (2326)
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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