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Company Description (as filed with the SEC)
MFRI, Inc., collectively with its subsidiaries ("MFRI", "Company" or "Registrant"), is engaged in the manufacture and sale of products in two reportable segments: Piping Systems and Filtration Products. The Company's fiscal year ends on January 31. Years and balances described as 2014 and 2013 are the fiscal years ended January 31, 2015 and 2014, respectively. At January 31, 2015, one customer in Piping Systems accounted for 11.2% of the Company's net sales. At January 31, 2014, one customer in Piping Systems accounted for 10.6% of the Company's net sales. At January 31, 2015, one customer in Piping Systems accounted for 30.7% of accounts receivable. At January 31, 2014 one customer in Piping Systems accounted for 24.5% of accounts receivable. MFRI, Inc.'s Operating Units Piping Systems Filtration Products Perma-Pipe, Inc. Midwesco Filter Resources, Inc. ... More ...