MFRI Board of Directors Elects David S. Barrie to Its Board of Directors
31 Ottobre 2012 - 4:10PM
Marketwired
MFRI, Inc. (NASDAQ: MFRI) Board of Directors is pleased to announce
the election of David S. Barrie to serve on its Board of Directors
effective November 1, 2012.
Mr. Barrie, age 60, served Eaton (NYSE: ETN) and a predecessor
company with progressive responsibilities in law, internal audit,
corporate development and operational management in the U.S. and
abroad, from 1984 to 2009. He is Principal of Barrie International,
LLC, providing strategic and operational consulting to senior
management of companies in the United States and international
locations. He is also a Senior Executive Advisory Board member of
Brown, Gibbons, Lang & Company, a middle market investment
banking firm and Board member of MegaJoule Storage, Inc., an
advanced battery and capacitor development company.
Mr. Barrie received his Bachelor of Arts degree from Kenyon
College in 1974 and Juris Doctor in law from Cornell University in
1978.
David Unger, Chairman and CEO of MFRI, said: "We are very
pleased to add Dave to the MFRI Board. His broad range of domestic
and international experience will be a great asset to our company
as we continue expanding our businesses here in the US and around
the world. I look forward to his thoughtful advice and counsel as
part of our talented Board team."
MFRI, Inc. is a multi-line company engaged
in the following businesses: pre-insulated specialty piping systems
for oil and gas gathering, district heating and cooling and other
applications; custom designed industrial filtration products to
remove particulates from dry gas streams; industrial process
cooling equipment to remove heat from molding, printing and other
industrial processes; and installation of heating, ventilation and
air conditioning for large buildings.
Statements and other information contained in this announcement
which can be identified by the use of forward-looking terminology
such as "anticipate," "may," "will," "expect," "continue,"
"remain," "intend," "aim," "should," "prospects," "could,"
"position," "future," "potential," "believes," "plans," "likely,"
"seems," and "probable," or the negative thereof or other
variations thereon or comparable terminology, constitute
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934 as amended and are subject to the
safe harbors created thereby. These statements should be considered
as subject to the many risks and uncertainties that exist in the
Company's operations and business environment. Such risks and
uncertainties include, but are not limited to, economic conditions,
market demand and pricing, competitive and cost factors, raw
material availability and prices, global interest rates, currency
exchange rates, labor relations and other risk factors.
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