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CECO Environmental Announces Quarterly Dividend
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NasdaqGM: CECE NEWS RELEASE
CECO ENVIRONMENTAL ANNOUNCES
CINCINNATI, OHIO, November 16, 2011 – CECO Environmental Corp. (NasdaqGM: CECE), a leading provider of air pollution control and industrial ventilation systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share on the Company’s common stock. The dividend will be paid on December 30, 2011, to all shareholders of record at the close of business on December 15, 2011.
ABOUT CECO ENVIRONMENTAL
CECO Environmental is a global air pollution company with substantial global operations and revenues. CECO provides a wide spectrum of air quality products and services including engineered equipment, cyclones, scrubbers, dampers, diverters, RTO’s, component parts, and monitoring and management services. Industries served include refining, petro-chemical, power, steel, aluminum, automotive, chemical, and virtually all industrial processes. Revenue from engineered equipment is approximately 75% and 25% from parts and services. Global Growth, Operational Excellence, Margin Expansion, Safety, and Employee Development are CECO’s core competencies and long term objectives.
For more information on CECO Environmental, please visit the company’s website at www.cecoenviro.com.
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 assumption prove incorrect, actual results may vary in material aspects from those currently anticipated.
Jeff Lang, Chief Executive Officer
CECO Environmental Corp.
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