Ceco Environmental's Business Segments

Ceco Environmental Corp, founded in 1966 and headquartered in Dallas, Texas, provides air quality and pollution control technologies and solutions globally. The company operates offices, manufacturing facilities, and installation sites across the United States, Canada, Europe, and Asia. Ceco Environmental Corp is organized into three business units: Environmental Solutions, Industrial Solutions, and Power Solutions. The Environmental Solutions unit supplies air pollution control systems, including wet and dry scrubbers, dust collectors, thermal oxidizers, mist eliminators, and fume scrubbers, serving industries such as chemical, petrochemical, pharmaceutical, semiconductor, electronics, and general manufacturing. The Industrial Solutions unit offers custom-engineered products for industrial ventilation, noise abatement, and energy efficiency, including dampers, silencers, and fans. It serves sectors like steel, cement, and power generation and provides emergency gas and air handling systems for safety during shutdowns and maintenance. The Power Solutions unit delivers air pollution control technologies and equipment to utilities, independent power producers, and industrial power facilities. Its offerings include sulfur dioxide removal systems, nitrogen oxide reduction systems, mercury capture systems, and ash handling systems for managing combustion residuals. Ceco Environmental Corp maintains a focus on research and development, employing engineers, scientists, and technicians to design, manufacture, and install its products. The company also provides aftermarket parts, maintenance services, and technical support. The company emphasizes sustainability and environmental responsibility by helping customers reduce environmental impact, improve air quality, and comply with regulations. Ceco Environmental Corp operates its facilities sustainably and has received industry awards recognizing its innovations, quality, and commitment to sustainability.

The registrant's reportable segments are organized by related end-market platforms focused on understanding customer needs and delivering tailored solutions. The business model includes make-to-order, configure-to-order, and engineer-to-order products, utilizing third-party subcontract fabrication partners worldwide. Key functions within the platforms include sales, application engineering, product management, project management, and supply chain execution. Monthly business reviews address pipeline, quotations, project management, financial performance, manufacturing, safety, and customer feedback, with attention to quality, customer satisfaction, on-time delivery, lead times, pricing, inflation, project margins, backlog, and safety. Centralized teams provide support for accounting, treasury, tax, payroll, human resources, legal, IT, marketing, and internal financial controls. The reportable segments are: 1) Engineered Systems segment: This segment serves sectors such as power generation, hydrocarbon transport and processing, water and wastewater treatment, oily water separation and treatment, marine and naval, and natural gas infrastructure. It focuses on contaminant removal and environmental protection through platforms including emissions management, fluid bed cyclones, thermal acoustics, separation and filtration, and dampers and expansion joints. 2) Industrial Process Solutions segment: This segment serves a broad range of industrial sectors with solutions for contamination control, exhaust air treatment, VOC abatement, process filtration, and fluid handling. Applications include aluminum beverage can production, vehicle production, food and beverage processing, semiconductor fabrication, electronics production, steel and aluminum processing, engineered wood products manufacturing, chemical processing, general manufacturing and machining, coating and surface treatment, battery production and recycling, and wind and solar power components manufacturing. The segment aims to help customers maintain clean and safe operations, reduce energy consumption, minimize waste, and comply with regulatory standards related to toxic emissions, fumes, volatile organic compounds, and odor elimination.