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Slide #17. CECO Environmental Corp. — Adwest Technologies, Inc.
CECO Environmental Corp. (NASDAQ:CECE)
Adwest Technologies, Inc.
CECO Environmental Corp., a leader in air pollution control technology systems, product recovery and filtration technology, announced that it has acquired Adwest Technologies, Inc. ("Adwest"), a leader in the design and manufacture of regenerative thermal oxidizers (RTOs) for the global air pollution control market.
CECO Environmental is engaged in industrial air quality and fluid handling serving the energy, industrial and other markets through an asset-light business model. Co. has three segments: Energy Solutions, which provides offerings that improve air quality and solve fluid handling needs with technologies and customized solutions for the power generation, oil and gas, and petrochemical industries; Industrial Solutions, which provides a solution that enable its customers to reduce their carbon footprint, lower energy consumption, and minimize waste; and Fluid Handling Solutions, which provides pump and filtration solutions that maintain safe and clean operations in harsh and toxic environments.
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Strong Buy (4.00 out of 4)