CECO Environmental Corp., a leading diversified industrial company focused on environmental solutions, has announced its inclusion as a member of the US small-cap Russell 2000 Index. The addition is effective immediately and reflects CECO’s strong growth potential and momentum in executing its growth model.
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The Russell 2000 Index is maintained by FTSE Russell and is widely used by investment managers and institutional investors as a benchmark for active investment strategies. With approximately $9 trillion in assets benchmarked against Russell U.S. indexes, this inclusion provides CECO with increased visibility and exposure to the investment community.
CEO Todd Gleason expressed his honor at being added to the Russell index and sees it as validation of the potential investors see in CECO Environmental. He highlighted the company’s record backlog and strong momentum, indicating the confidence in its growth prospects.
CECO Environmental serves a broad range of industrial markets, including industrial air, industrial water, and energy transition. The company provides innovative solutions and application expertise to help companies improve air and water quality, optimize emissions management, and increase energy efficiency. Its solutions cater to various industries such as power generation, hydrocarbon processing, electric vehicle production, semiconductor and electronics, and water/wastewater treatment.
FAQs:
1. What is the significance of CECO Environmental being added to the Russell 2000 Index?
Being added to the Russell 2000 Index provides CECO with increased visibility and exposure to institutional investors and investment managers. It validates the company’s growth potential and reflects confidence in its performance.
2. How does CECO Environmental help businesses with environmental solutions?
CECO Environmental offers innovative solutions and application expertise to help companies improve air and water quality, optimize emissions management, and increase energy efficiency across various industries.
3. What are the key markets served by CECO Environmental?
CECO serves industrial air, industrial water, and energy transition markets globally. Its solutions cater to industries such as power generation, hydrocarbon processing, electric vehicle production, semiconductor and electronics, and water/wastewater treatment.
4. What is the company’s global headquarters and when was it incorporated?
CECO Environmental’s global headquarters is located in Dallas, Texas. The company was incorporated in 1966.
5. Where can I find more information about CECO Environmental?
For more information about CECO Environmental, you can visit their website at www.cecoenviro.com.
