CECO Environmental: New Orders
CINCINNATI - CECO Environmental Corp. (CECE), a leading global environmental technology company focused on critical solutions in the air pollution control (APC), energy, and fluid handling and filtration industries, announced that it has recently received approximately 20 new large orders totaling $33 million.
The new orders were driven by a diverse group of customers in North America, the Middle East and Asia, while spanning a variety of sectors including large industrial, utilities, natural gas power generation, traditional power generation, refineries and petrochemicals.
"Our OneCECO sales initiatives continue to yield positive results across our customer base and I am encouraged by the level of new business activity," commented Jeff Lang, President and Chief Executive Officer of CECO. "The recent acquisitions of Zhongli in Asia and Emtrol in North America have had a positive impact on our quoting activity and bookings over the last couple of months and we expect this will continue going forward. We have built a very strong team at CECO and I am excited by the growth opportunities we have in front of us. We remain focused on building an industry leading global company for our shareholders, customers and employees."
ABOUT CECO ENVIRONMENTAL
CECO Environmental is a leading global environmental technology company focused on critical solutions in the product recovery, air pollution control, fluid handling and filtration segments. Through its well-known brands, CECO provides a wide spectrum of products and services including dampers & diverters, cyclonic technology, thermal oxidizers, filtration systems, scrubbers, fluid handling equipment and plant engineered services and engineered design build fabrication. These products play a vital role in helping companies achieve exacting production standards, meeting increasing plant needs and stringent emissions control regulations around the globe. CECO globally serves the broadest range of markets and industries including power, municipalities, chemical, industrial manufacturing, refining, petrochemical, metals, minerals & mining, hospitals and universities. CECO is focused on building long-term shareholder value by bringing its unique technology, portfolio and operational excellence to strategic key growth markets around the world, while maintaining the highest standards of employee development, project execution and safety leadership. CECO is listed on NASDAQ under the ticker symbol "CECE" and is a member company of the Russell 2000 Index. For more information on CECO Environmental, please visit the company's website at http://www.cecoenviro.com.