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CECO Environmental Corp. (NASDAQ: CECO) is a global provider of air pollution control, fluid handling, and fluid filtration solutions to industrial, commercial, and institutional customers. The company's products and services are used to control emissions, improve efficiency, and protect public health and the environment. CECO operates in three segments: Air Pollution Control, Fluid Handling, and Fluid Filtration. The Air Pollution Control segment designs, engineers, manufactures, and installs air pollution control systems for a variety of industries, including power generation, manufacturing, and refining. The Fluid Handling segment provides a range of products and services for the handling and control of fluids, including pumps, valves, and instrumentation. The Fluid Filtration segment designs, engineers, manufactures, and sells filtration systems for a variety of industries, including food and beverage, pharmaceutical, and water treatment. CECO has a global presence with operations in the United States, Canada, Europe, and Asia. The company's customers include some of the world's leading companies in a variety of industries. In recent years, CECO has focused on expanding its product offerings and geographic reach. In 2021, the company acquired two businesses: PURE Technologies, a provider of air pollution control systems for the oil and gas industry, and NRS Fluid Handling, a provider of pumps and valves for the water and wastewater treatment industry. These acquisitions have strengthened CECO's position in key growth markets and expanded its product portfolio. CECO is committed to providing its customers with innovative solutions that help them meet their environmental compliance and efficiency goals. The company is also committed to sustainability and is working to reduce its own environmental impact. In 2022, CECO was ranked 12th on the Environmental Protection Agency's (EPA) Clean Air Champions list. The EPA Clean Air Champions list recognizes companies that have made significant contributions to reducing air pollution in the United States. CECO is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the years to come, driven by the increasing demand for air pollution control, fluid handling, and fluid filtration solutions. Here are some of the key drivers of CECO's growth:
CECO is well-positioned to capitalize on these growth drivers. The company has a strong track record of innovation and a broad product portfolio that addresses the needs of a wide range of customers. CECO also has a global presence, which allows it to serve customers in key growth markets. |