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):   July 8, 2009

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01.    Regulation FD Disclosure.

Met-Pro Corporation (the “Company”) presented to various institutional investors on July 8, 2009 regarding its operations, growth strategy and financial condition. The slide presentation that the Company used at the Investor Meeting on July 8, 2009 is furnished as Exhibit 99.1 hereto.

The information included as Exhibit 99.1 is attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

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:  July 9, 2009

MET-PRO CORPORATION

By: /s/ Raymond J. De Hont

Raymond J. De Hont,

President and Chief Executive Officer

EX-99.1

This presentation includes forward-looking statements which
reflect the Company’s current views with respect to future
events and financial performance, but involve uncertainties
that could significantly impact results. The Private Securities
Litigation Reform Act of 1995 provides a “safe harbor” for
such forward-looking statements.

•Leading niche-oriented global provider of solutions and
products for product recovery, pollution control, and fluid
handling applications

•Diverse, synergistic product offering

•Strong global brand recognition

•Approximately 40% of sales derived from recurring parts
and consumables sales

Met-Pro: Protecting our environment while serving
business and industry around the worldNYSE: MPR

Company Profile

Investment Highlights

•Green technology

•Strong balance sheet

–High cash

–Low debt

•Strong cash flows from operating activities

•High margin business

•Outsourcing minimizes growth constraints and reduces risks
during down turns

•Experienced Management/Independent Board of Directors

•Dividend paid for 34 consecutive years

Continuous Improvement

•Rolled out lean manufacturing program

•Improved manufacturing flexibility

•Efficiency improvements and lower costs realized
through:

–Facility/organization consolidations

–Global sourcing

–More effective logistics

•Increased global sales coverage

Product Recovery/
Pollution Control

48.3%

Filtration/
Purification

11.5%

Fluid Handling

29.4%

Mefiag
Filtration

10.8%

2009 Sales

$103.4 million

Businesses

•Expanding
International
Sales/Marketing
Organization to
capitalize on global
opportunities

FY 2009

$26.5 Million

25.7%

International
Sales

74.3%

U.S. Sales

Europe

35.7%

Asia

19.5%

Canada

17.1%

Africa &
Middle East

15.5%

Other

12.2%

International

§Over 8,000 active customers

-Well-diversified cross-section
of industries including
Fortune 1000 companies

§Major markets include:

-Pharmaceutical

-Chemical/petrochemical

-Food processing

-Metal finishing

-Saltwater aquariums

-Refinery

-Semiconductor/electronics

-Municipalities

-Universities

-Hospitals/public health

-Government facilities

No One Customer Accounts for More
Than 10% of Met-Pro’s Business

Customers & Major Markets

Mefiag Filter System

Flex-Kleen Pulse-Jet
Cartridge Dust
Collector

Fybroc FRP Pumps

Strobic Air Patented
Tri-Stack™ Fan

Dean
Metallic Pumps

Sethco
Thermoplastic
Pumps

Keystone

Custom Filter
Cartridges

Duall AroBIOS™ Bioscrubber

Pristine Water
Treatment
Chemicals

Products from Single Units…

Dean High
Temperature Pumps

Fybroc FRP Pumps

Mefiag Filter Systems

Flex-Kleen
Dust Collectors

Systems Rotary
Concentrator and
Recuperative

Thermal Oxidizer

Strobic Air Patented
Tri-Stack™ Fans

…to Large, Complex Systems

Growth Drivers

•Global growth of “green”
manufacturing processes

–Reduce costs

–Reduce energy

–Improve manufacturing performance

–Meet increasing
regulatory requirements

•Focus on niche markets

–#1 or #2 player

–Limited competition

–International brand recognition

•MRO, upgrade and retro-fit opportunities
from expanding installed base

•New markets

–Geographic expansion

–New product introductions

–Acquisitions and/or
technology licensing

New Products

•Launched the Smart System™ energy-saving
laboratory exhaust system

•Field tested an advanced control system to reduce
scrubber chemical consumption

•Upgraded our Bio-Pro™ biological scrubber
product line

•Introduced nano-technology filtration products

•Completed development of the world’s most
extensive line of mag-drive “All-FRP” pumps

Strategy

•Capitalize on global niche-oriented growth
opportunities through:

–Strong customer focus

–Geographic expansion

–New product introductions

–Accretive acquisitions and/or technology licensing

Margin Improvement Strategy

•Continue to expand margins through:

–Pricing power

–Single source solutions

–Global sourcing

–Volume discounts

–Consolidation

–Leveraged operating expenses

–Improved project execution

–Lean manufacturing/continuous improvement

For FYE 1/31

(1)Excludes $2.2 million (net of tax) from the sale of real estate in FYE 2008

(2)Excludes $0.15 per share from the sale of real estate in FYE 2008

2008

2009

83.2

78.8

Total Shareholders’ Equity

6.1

4.5

Total Debt

.63

.65

Earnings Per Share, Diluted

9.7

9.9

Net Income

$106.9

$103.4

Net Sales

(1)

(2)

.21

.23

Cash Dividend Paid Per Share

0.6

7.7

Share Repurchases

Millions ($)

9.9

12.1

Cash Flow from Operating Activities

Financial Highlights

For FYE 1/31

Net Sales

(a)Excludes 3.3% from the sale of real estate in FYE 2008

13.2%

(a)

Operating Margins

(a)Excludes $0.15 per share from the sale of real estate in FYE 2008

Diluted EPS

$4.4

$3.9

$9.9

$12.1

Cash Flow from Operating Activities

Ended 4/30

(a) Includes pension, healthcare and stock option expenses in the first quarter ended April 30,
2009 and proceeds received from a legal settlement in the first quarter ended April 30, 2008.
On an aggregate basis, these various items amount to $0.04 per share.

Net Income

33.5%

Gross Margins

Net Sales

$1.9

Millions ($)

Diluted EPS

2009

$1.0

35.7%

$19.6

$0.13

$0.07

(a)

First Quarter - FYE 2010

$1.81
per share

Total Debt

Total Assets

Shareholders Equity

Cash

4.9

104.4

79.2

26.4

Millions ($)

4/30/09

$

$

$

$

Debt to Equity
Ratio = 6.2%

Strong Financial Condition

34 Straight Years of Dividends

For FYE 1/31

• A 9.1% increase over the prior year second quarter dividend

• Dividends have been increased for 7 consecutive years

• Second quarter dividend of $0.06 per share paid on June 12, 2009

•

Over the long-term, we are confident
that Met-Pro Corporation is well positioned
to capitalize on the very powerful
trends toward global environmental
stewardship, energy efficiency,
and process improvement

Summary