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AIR-CURE ENVIRONMENTAL, INC. FILES REGISTRATION STATEMENT RELATING TO A PUBLIC OFFERING OF 2,400,000 SHARES

 AIR-CURE ENVIRONMENTAL, INC. FILES REGISTRATION STATEMENT
 RELATING TO A PUBLIC OFFERING OF 2,400,000 SHARES
 MINNEAPOLIS, Nov. 13 /PRNewswire/ -- Air-Cure Environmental, Inc. (NASDAQ: AIRE) announced today that it filed with the Securities and Exchange Commission an amendment to its registration statement initially filed on Sept. 16, 1992, which increased the number of shares of its common stock it plans to offer to the public from 1.2 million to 2.4 million shares. The company intends to use the net proceeds from the offering to finance the pending acquisition of Ceilcote Air Pollution Control ("Ceilcote APC").
 The underwriting will be lead by Pennsylvania Merchant Group Ltd and Sanders Morris Mundy Inc. as co-managers.
 Air-Cure Environmental, Inc. designs, manufactures and markets air pollution control systems and components which limit the emission of particulate and gaseous pollutants into the environment.
 Ceilcote APC is a recognized leader in providing engineering solutions to air pollution problems involving noxious gas and particulate emissions in a wide range of industries, particularly the chemical process industry.
 This announcement is neither an offer to sell nor a solicitation of an offer to buy the shares which are covered by the registration statement. Such an offer will be made only by a prospectus meeting the requirements of applicable federal and state laws, and will not be made in any jurisdiction where such an offer will be unlawful.
 -0- 11/13/92
 /CONTACT: Kam Tejwani (Chairman & CEO), Air-Cure Environmental, 612-571-0560; or Tom de Petra or Adrienne Griffith of DE PETRA & ASSOCIATES, INC., 612-338-7630, for Air-Cure Environmental/
 (AIRE) CO: Air-Cure Environmental, Inc. ST: Minnesota IN: SU: OFR


KH -- MN008 -- 0640 11/13/92 11:13 EST
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Publication:PR Newswire
Date:Nov 13, 1992
Words:276
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