Ceco Environmental Watchlist

tz-plus logo CECO Environmental: Environmental and Industrial Technology with Record Order Backlog Exceeding $1 Billion

A. Zehetner
Reading Time: 3 minutes

Strategic Transformation: The acquisition of process heat specialist Thermon is set to transform CECO into a global company worth $1.5 billion, generating annual cost synergies of $40 million. Historic Order Backlog: The order books are filled to the brim with a volume of over $1 billion. In April 2026 alone, new orders amounting to over $400 million were booked. Surge in Revenue and Earnings: CECO reported a revenue increase of 17% and an EPS growth of 260% in a typically quieter first quarter. The forecast has been raised again.   ...

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