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Plural of cecum.
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CECO targets its $5 billion+ of installed base, specifically to expand and grow a higher recurring revenue of aftermarket products and services.
Our engineers at our CECO Abatement subsidiary have an unparalleled reputation in the ethanol industry," said CECO president Richard Blum.
Krumme stated, "I am thrilled to join CECO and be a part of such a dynamic organization and impressive management team.
As you know, at your May 20, 2005 annual meeting, CECO stockholders demonstrated an extraordinary level of support for meaningful reform at their company.
Jeff Lang, President and Chief Executive Officer of CECO Environmental, commented, "The aftermarket, services and recurring revenues business is a key strategic growth area for CECO and we have been working hard to build up this opportunity across our significant installed base.
Through one of its five well respected operating divisions: Kirk & Blum, CECO Filters Incorporated, Busch Company, kbd TECHNIC, and CECO Abatement Systems, CECO Environmental offers industry around the globe all of the equipment and technology, personnel, project management, documentation, and specialized experience to meet any environmental requirement need.
PMFG stockholders will vote on whether to adopt the previously announced merger agreement with CECO and whether to approve, on a non-binding, advisory basis, the compensation that may become payable to PMFG's named executive officers in connection with the acquisition.
The sentiment backdrop for CECO is also eerily similar to that of our preceding stock as well.
CECO has not closed a month beneath this long-term trendline since October 1999.
Pursuant to the merger agreement, CECO will acquire all of the outstanding shares of PMFG common stock for cash and stock valued at $6.
Heading into today's session, the Schaeffer's put/call open interest ratio (SOIR) for CECO weighed in at 0.
ABOUT CECO ENVIRONMENTAL CECO Environmental is a leading global environmental technology company focused on critical solutions in the air pollution control (APC), energy and fluid handling and filtration industries.