| April
2006 |
Nordic
Air Filtration A/S acquires stock of Nordic Midwesco (Pty) Ltd. of South
Africa |
| March
2006 |
Perma-Pipe
Middle East (PPME)
Grand Opening |
| September
2005 |
Announced
establishment of Perma-Pipe Middle East, FZE, to manufacture specialty
pre-insulated piping systems for the United Arab Emirates and other
regional markets. |
| June
2002 |
Thermal Care, Inc. acquired
Applied Web Systems (AWS) |
| December
2001 |
Sold
Perma-Pipe Services, Ltd. |
| April
2001 |
Sold
SZE Hagenuk GmbH, which continues to be a Perma-Pipe customer and
distributor. |
| 1999 |
Acquired second remote foam
insulating machine, first placed in Parachute, Colorado. |
| September
2000 |
Purchased the previously
leased land and buildings housing the Thermal Care business, Perma-Pipe
corporate office and MFRI corporate offices. |
| November
1998 |
Purchased Nordic Air
Filtration, A/S, a Danish manufacturer of pleated air filtration products
for dust control. |
| September
1998 |
Completed $10 million fixed
rate senior debt financing. |
| August
1998 |
Completed processing plant in
New Iberia, Louisiana to produce oil and gas flowlines and began
operations. |
| June
1998 |
Purchased Boe-Therm A/S, a
Danish manufacturer of liquid chillers for removing heat from industrial
processes. |
| March
1998 |
Obtained first contracts for
oil and gas flowlines in the Gulf of Mexico. |
| December
1997 |
Purchased TDC Filter
Manufacturing, Inc. |
| Spring
1997 |
Completed factory addition to
Perma-Pipe in Lebanon, Tennessee |
| December
1996 |
Completed $15 million fixed
rate senior debt financing.
|
| December
1996 |
Acquired Thermal Care by merger with Midwesco, Inc. |
| August
1996 |
Purchased Eurotech, Inc., a
pleated filter element business. |
| May
1996 |
Purchased property and
manufacturing building adjacent to Midwesco Filter's Winchester, Virginia
location for expansion. |
| December
1995 |
Acquired
SZE Hagenuk GmbH, as a
European distributor for Perma-Pipe leak detection products. |
| Fall
of 1995 |
Sold tax exempt bonds in
Lebanon, Tennessee and Winchester, Virginia to finance plant improvements. |
| June
1995 |
Purchased Armtex, Inc.'s
filtration fabric business. |
| September
1994 |
Purchased Ricwil Piping
Systems Company, a supplier of systems similar to those of Perma-Pipe,
Inc. |
| January
1994 |
MFRI, Inc. acquired Midwesco,
Inc.'s subsidiary, Perma-Pipe, Inc. |
| January
1994 |
MFRI, Inc. became successor by
merger to Midwesco Filter Resources, Inc. |
| October
1993 |
MFRI was incorporated. |
| December
1989 |
Filter Media Products Division
of Midwesco, Inc. was incorporated as Midwesco Filter Resources, Inc. and
taken public. |
