8-K

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K


 CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of  earliest event reported):   August 20, 2003

MET-PRO CORPORATION(Exact name of registrant as specified in its charter)

Pennsylvania	001-07763	23-1683282
(State or other jurisdiction of	(Commission File Number)	(I.R.S. Employer
incorporation or organization)		Identification No.)

160 Cassell Road, P.O. Box 144
Harleysville, Pennsylvania	19438
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (215) 723-6751

    Item 7. Financial Statements and Exhibits.

(c) Exhibits

Exhibit	Description
99.1	Press Release dated August 20, 2003

    Item 9.  Regulation FD Disclosure (Item12, Disclosure of Results of Operations and Financial Condition).

In  accordance  with  SEC  Release  No. 33-8216, the following information, required  to  be  furnished  under  "Item  12.  Results  of  Operations and Financial Condition" is furnished under "Item 9. Regulation FD Disclosure."

On August 20, 2003, the Company issued a press release announcing its sales and earnings results for the second quarter ended July 31, 2003. A copy of the press release is attached in Exhibit 99.1 to this Current Report on Form 8-K.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      Date: August 20, 2003

 MET-PRO CORPORATION

By: /s/ Raymond J. De Hont

Raymond J. De Hont,

President and Chief Executive Officer

Exhibit Index

Exhibit	Description
99.1	Press Release dated August 20, 2003

EX-99

Exhibit 99.1

160 CASSELL ROAD
BOX 144
HARLEYSVILLE, PA 19438
(215) 723-6751
FAX (215) 723-6758
TRADED: NYSE
SYMBOL: MPR NEWS RELEASE

date:	August 20, 2003
for release:	Immediate
contact:	Raymond J. De Hont, President and Chief Executive Officer

Met-Pro Corporation Announces
Its Sales and Earnings Results
for the Second Quarter Ended 7/31/2003

• Quarter Earnings Per Share Increase 9% Over First Quarter
• First Half Net Income Increases 11% Over Last Year
• Year-to-Date Bookings Increase 14% Over Last Year
• Backlog of Orders Increase 18% Over Same Period Last Year

Harleysville, PA, August 20 - Raymond J. De Hont, President and Chief Executive Officer of Met-Pro Corporation (NYSE - MPR), today announced that second quarter sales were $18.6 million compared to $18.3 million for the same period last year. First half sales totaled $35.6 million compared to $34.5 million for the same period last year.

Net income for the second quarter ended July 31, 2003 totaled $1.6 million compared to $1.4 million for the same period last year, or an increase of 9%. For the first half, net income totaled $2.9 million compared to $2.6 million, an increase of 11%.

For the second quarter, both basic and diluted earnings per share were up $.02 to $.25, an increase of 9% over the $.23 earned during the second quarter of last year. For the first half, both basic earnings per share and diluted earnings per share were $.47 compared to $.43 earned during last year's first half.

Bookings of new orders for the first half ended July 31,2003 totaled $38.8 million compared to $33.9 million for the same period last year, an increase of 14%.

In making this announcement De Hont stated that, "we are pleased with our second quarter performance in the face of a difficult economy. Met-Pro ends the second quarter with a backlog of orders totaling $20.0 million compared to $17.0 million for the same period of last year, an increase of 18%. A high percentage of this backlog is scheduled to be shipped during the current fiscal year."

De Hont also stated that, "we all continue to hear predictions that the third and fourth quarters will see increased business activity and we are hopeful that this will be the case. Regardless of the level of activity presented to us by the economy, Met-Pro's strong backlog and increased quotation activity give us optimism about our prospects for the third quarter and the full fiscal year."

Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a manufacturer of air and water pollution control systems; fume scrubbers and odor control equipment; fluid handling equipment for corrosive, abrasive and high temperature liquids; filter products for drinking water, industrial and custom applications; wet and dry particulate dust collectors; specialty chemicals for controlling corrosion and reducing lead/copper in public drinking water; and state-of-the-art fans for laboratory and clean room applications.

Continued Page 2

Met-Pro Corporation/Page 2

Met-Pro Corporation
Consolidated Statement of Operations
(unaudited)

Three Months Ended	Six Months Ended
July 31,	July 31,

	2003		2002		2003		2002
Net sales	$18,626,209		$18,278,083		$35,628,478		$34,471,963
Cost of goods sold	11,977,741		12,101,609		22,745,043		22,766,658
Gross profit	6,648,468		6,176,474		12,883,435		11,705,305
Operating expenses
Selling	1,891,418		1,868,673		3,810,466		3,643,497
General and administrative	2,337,171		2,023,639		4,555,488		3,847,768
Income from operations	2,419,879		2,284,162		4,517,481		4,214,040
Interest expense	(111,719	)	(129,749	)	(227,797	)	(250,743	)
Other income, net	67,657		53,012		131,720		119,330
Income before taxes	2,375,817		2,207,425		4,421,404		4,082,627
Provision for taxes	807,778		774,259		1,503,277		1,449,333
Net income	$1,568,039		$1,433,166		$2,918,127		$2,633,294
Basic earnings per share	$.25		$.23		$.47		$.43
Diluted earnings per share	$.25		$.23		$.47		$.43
Average common shares outstanding:
Basic shares	6,216,369		6,131,136		6,216,369		6,146,130
Diluted shares	6,258,689		6,181,889		6,262,786		6,193,553

Condensed Consolidated Balance Sheet
(unaudited)

	July 31,	January 31,
	2003	2003
Assets
Current assets	$44,222,897	$40,631,745
Property, plant and equipment, net	11,754,640	11,950,422
Costs in excess of net assets of
business acquired, net	20,798,913	20,798,913
Other assets	341,995	373,591
Total assets	$77,118,445	$73,754,671
Liabilities and stockholders’ equity
Current liabilities	$12,105,900	$9,750, 309
Long-term debt	6,091,965	7,111,995
Other liabilities	882,142	846,482
Total liabilities	19,080,007	17,708,786
Stockholders’ equity	58,038,438	56,045,885
Total liabilities and stockholders’ equity	$77,118,445	$73,754,671

Continued Page 3

Met-Pro Corporation/Page 3

Met-Pro Corporation
Consolidated Business Segment Data
(unaudited)

	Six Months Ended July 31,
	2003	2002
Net sales
Product recovery/pollution control equipment	$23,758,091	$22,568,507
Fluid handling equipment	11,870,387	11,903,456
	$35,628,478	$34,471,963
Income from operations
Product recovery/pollution control equipment	$3,192,833	$2,707,279
Fluid handling equipment	1,324,648	1,506,761
	$4,517,481	$4,214,040
	July 30,	January 31,
	2003	2003
Identifiable assets
Product recovery/pollution control equipment	$41,888,221	$41,396,626
Fluid handling equipment	19,025,091	18,417,187
	60,913,312	59,813,813
Corporate	16,205,133	13,940,858
	$77,118,445	$73,754,671

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in this press release, and other materials filed or to be filed with the Securities and Exchange Commission (as well as information included in oral or other written statements made or to be made by the Company) contains statements that are forward-looking. Such statements may relate to plans for future expansion, business development activities, capital spending, financing, the effects of regulation and competition, or anticipated sales or earnings results. Such information involves risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company. These risks and uncertainties include, but are not limited to, those relating to the cancellation of purchase orders, product development activities, computer systems implementation, dependence on existing management, the continuation of effective cost and quality control measures, retention of customers, global economic and market conditions, and changes in federal or state laws.

Met-Pro stock is traded on the New York Stock Exchange, Symbol MPR.
To obtain an Annual Report or additional information on the Company, please call 215-723-6751 and ask for the Investor Relations Department, or visit the Company’s Web site at www.met-pro.com.
Contact:	Raymond J. De Hont, President and Chief Executive Officer
	215-723-6751, Fax: 215-723-6758
	E-mail:mpr@met-pro.com