CECO Environmental announces new orders in excess of $2 Million

Date: 15 October 2001
Source: CECO
CECO Environmental Corp. announced today that the Company's Kirk & Blum subsidiary has been awarded a contract in excess of $2 million from a major glass manufacturer located in the Southeastern United States.

Work will begin immediately and is scheduled for completion by year-end.

CECO Chairman and CEO Phillip DeZwirek, announced that orders booked in the first nine months of 2001 were $74.8 million, a record level. This represents an increase of $6.2 million or 9% over last year. September's bookings were $8.7 million compared with $6.9 million in 2000.

Mr. DeZwirek reported, "Orders booked through September 2001 continue to be strong despite the tragic events of September 11, 2001 and general downturn in the economy. At present time, we are weathering this difficult juncture well. We believe that CECO is favorably positioned in the marketplace to get these opportunities for orders due to our size, history and financial strength. We are maintaining our cautious optimism due to our strong inquiry activity level among the Company's Kirk & Blum and CECO Filters units."

About CECO Environmental

CECO Environmental Corp. is North America's largest independent air pollution control company. CECO, through its five subsidiaries, Air Purator Corporation, Busch Company, CECO Filters, kbd/Technic and Kirk & Blum 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. CECO is a full-service provider to the steel, aluminum, automotive, aerospace, semiconductor, chemical, cement, metalworking, glass, foundry and virtually all industrial process industries.

600450 CECO Environmental announces new orders in excess of $2 Million glassonweb.com
Date: 15 October 2001
Source: CECO

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