Despite disappointing earnings last year and a loss in its first fiscal quarter, Environmental Elements Corp. says it is confident that its business will grow substantially in the coming year as the 1995 Clean Air Act deadline approaches.
"We continue to think we have a growth business on our hands," F. Bradford Smith, president and chief executive officer, told shareholders at the company's annual meeting yesterday.
It was the second annual meeting for the Baltimore supplier of equipment to control air pollution. Environmental Elements became a publicly traded company in July 1990 after seven years as a privately held business. Before 1983, it was a division of Koppers Co. Inc. The company has about 330 workers, most of whom are employed in Baltimore.