<PAGE>
CUSIP NO. 228190104 PAGE 1 OF 15 PAGES
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 14)*
Crown Andersen, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
228190104
----------------------------------------
(CUSIP Number)
Philip DeZwirek
505 University Avenue, Ste. 1900
Toronto, Ontario CANADA M5G 1X3
------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
October 23, 1998
------------------------------------------------------------
(Date of Event which Requires Filing of this Statement
If the filing person has previously filed a statement on Schedule 13G to report
the acquisitions which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The Remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
t be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the act (however, see the
Notes).
<PAGE>
CUSIP NO. 228190104 PAGE 2 OF 15 PAGES
SCHEDULE 13D
==============================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CECO Environmental Corp.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /x/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
New York
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 61,600
OWNED BY --------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH
--------------------------------------------
9 SOLE DISPOSITIVE POWER
61,600
--------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,600 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 228190104 PAGE 3 OF 15 PAGES
SCHEDULE 13D
==============================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Icarus Investment Corp.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /x/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Canada
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY --------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 61,600
--------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------
10 SHARED DISPOSITIVE POWER
61,600
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,600 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
<PAGE>
CUSIP NO. 228190104 PAGE 4 OF 15 PAGES
SCHEDULE 13D
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Phillip DeZwirek
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /x/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Canadian Citizen
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 15,400
OWNED BY --------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 61,600
--------------------------------------------
9 SOLE DISPOSITIVE POWER
15,400
--------------------------------------------
10 SHARED DISPOSITIVE POWER
61,600
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
77,000 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
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CUSIP NO. 228190104 PAGE 5 OF 15 PAGES
SCHEDULE 13D
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jason Louis DeZwirek
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /x/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Canadian Citizen
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY --------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 61,600
--------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------
10 SHARED DISPOSITIVE POWER
61,600
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,600 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
<PAGE>
CUSIP NO. 228190104 PAGE 6 OF 15 PAGES
SCHEDULE 13D
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IntroTech Investments, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /x/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED / /
PURSUANT TO ITEMS 2(d) OR 2(E)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Canada
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY --------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON WITH 61,600
--------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------
10 SHARED DISPOSITIVE POWER
61,600
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,600 shares
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) / /
EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
<PAGE>
CUSIP NO. 228190104 PAGE 7 OF 15 PAGES
SCHEDULE 13-D
CROWN ANDERSEN, INC.
Filed by CECO Environmental, Inc. ("CEC"),
Phillip DeZwirek, Jason Louis DeZwirek,
Icarus Investment Corp. ("Icarus"), and
IntroTech Investments, Inc. ("IntroTech")
Item 1. Security and Issuer:
Crown Andersen Inc.
306 Dividend Drive
Peachtree City, Georgia 30269
Common Stock of Crown Andersen, Inc.
Items 2-6 Inclusive for CECO Environmental Corp.
Item 2. Identity and Background:
(a) CECO Environmental Corp., a New York
corporation
(b) Address of Principal Business:
505 University Ave., Ste. 1400
Toronto, Ontario M5G 1X3
(c) Principal Business: Ownership of majority
stock of CECO Filters, Inc. The address of
CEC's principal business and its principal
office is the address given in Item 2(b)
above.
(d) CEC has not been involved in any criminal
proceedings.
(e) CEC has never been a party to any civil
judicial or administrative proceeding in
which there has been any finding of any
violation of any federal or state
securities laws.
Item 3. Source and Amount of Funds or Other Considerations:
All acquisitions of the common stock of the Issuer
were acquired by CEC using working capital funds.
Item 4. Purpose of Transaction:
CEC acquired the common stock of the Issuer for
investment purposes. CEC does have an intent to
acquire additional securities of the Issuer if such
additional securities become available at a price CEC
considers reasonable.
Item 5. Interest in Securities of the Issuer.
(a) CEC beneficially owns 61,600 shares or 4.06%
of the outstanding common stock of Issuer.
CEC owns all of such shares directly.
(b) CEC has sole voting power and sole
dispositive power with respect to such
61,600 shares of common stock of Issuer.
(c) In the past sixty days, CEC has made the
following open market purchase transactions
in the Issuer's stock, all effectuated in
its account at Taurus Capital Markets
located in Toronto, Ontario.
<PAGE>
CUSIP NO. 228190104 PAGE 8 OF 15 PAGES
DATE - 1998 # OF SHARES SHARE PRICE
----------- ----------- -----------
August 24, 1998 3000 3.250
August 28, 1998 2000 2.937
September 1, 1998 400 2.468
September 2, 1998 4300 2.531
September 9, 1998 500 2.625
September 9, 1998 2500 2.750
September 16, 1998 1000 2.781
September 18, 1998 1000 2.781
September 24, 1998 5000 2.656
September 25, 1998 2500 2.531
September 28, 1998 2000 2.531
October 21, 1998 6500 2.781
October 8, 1998 3000 2.531
October 23, 1998 8300 2.718
(d) CEC is a publicly traded company with more
than 900 beneficial holders of its common
stock. The shareholders of CEC that have the
right to receive or the power to direct the
receipt of dividends from, or the proceeds
of sale of, the shares of Issuer common
stock owned by CEC that relates to more than
a 5% interest in that class of securities of
CEC are IntroTech Investments, Inc.
("IntroTech"), Icarus Investment Corp.
("Icarus") and its shareholders, Phillip
DeZwirek and Jason Louis DeZwirek. Icarus
owns 15.91% of the outstanding shares of
common stock of CEC. Icarus is owned 50% by
Phillip DeZwirek and 50% by Jason Louis
DeZwirek. IntroTech owns 19.06% of the
outstanding shares of common stock of CEC.
IntroTech is wholly owned by Jason Louis
DeZwirek.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
None.
Items 2-6 inclusive for Icarus Investment Corp.
Item 2. Identity and Background:
(a) Icarus Investment Corp., a Canadian
corporation
(b) Address of Principal Business:
505 University Ave., Ste. 1400
Toronto, Ontario M5G 1X3
(c) Principal Business: Private Investor, the
principal business and office address of
Icarus is the address given in Item 2(b)
above.
(d) Icarus has not been involved in any criminal
proceedings.
(e) Icarus has never been a party to any civil
judicial or administrative proceeding in
which there has been any finding of any
violation of any federal or state securities
laws.
<PAGE>
CUSIP NO. 228190104 PAGE 9 OF 15 PAGES
Item 3. Source and Amount of Funds or Other Considerations.
Icarus indirectly owns the 61,600 shares of Issuer
owned by CEC by virtue of directly owning 15.91% of
the shares of CEC. See CEC's response to Item 3
herein.
Item 4. Purpose of Transaction.
Icarus acquired its shares of common stock of Issuer
for the same purposes as CEC. See CEC's response to
Item 4 herein.
Item 5. Interest in Securities of the Issuer.
(a) By virtue of owning 15.91% of the
outstanding stock of CEC, Icarus
beneficially owns the 61,600 shares of
common stock of Issuer owned by CEC. Icarus
owns all of such shares indirectly through
its direct ownership of common stock of CEC.
(b) By virtue of owning 15.91% of the
outstanding stock of CEC, Icarus has shared
voting power and shared dispositive power
with respect to the 61,600 shares of common
stock of Issuer owned by CEC. Such powers
are shared with the other shareholders of
CEC.
(c) See CEC's response to Item 5(c) herein.
(d) Icarus is controlled by Phillip DeZwirek and
Jason Louis DeZwirek who each owns 50% of
the outstanding stock of Icarus. Mr. Phillip
DeZwirek and Mr. Jason Louis DeZwirek each
have the right to receive 50% of the
distribution from Icarus resulting from the
proceeds of dividends from, or the proceeds
of sale of, the shares of Issuer owned by
CEC.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
None.
Items 2-6 Inclusive for Phillip DeZwirek.
Item 2. (a) Phillip DeZwirek
(b) 505 University Ave., Ste. 1400
Toronto, Ontario M5G 1X3
(c) Principal Business: Private Investor and
Chairman of the Board, Chief Executive
Officer and Chief Financial Officer of CEC,
505 University Ave., Ste. 1400, Toronto,
Ontario, M5G 1X3; Vice President and
Chairman of the Board of CECO Filters, Inc.,
1029 Conshohocken Road, Conshohocken, PA
19428; and Chairman of the Board of Digital
Fusion Multimedia Corp., a software company,
505 University Ave., Ste. 1400, Toronto,
Ontario M5G 1X3.
(d) Mr. Phillip DeZwirek has not been involved
in any criminal proceedings.
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CUSIP NO. 228190104 PAGE 10 OF 15 PAGES
(e) Mr. Phillip DeZwirek has never been a party
to any civil judicial or administrative
proceeding in which there has been any
finding of any violation of any federal or
state securities laws.
(f) Citizen of Canada.
Item 3. Source and Amount of Other Considerations.
Mr. DeZwirek purchased 15,400 shares of Issuer that he owns
directly with his personal funds, which transactions were
effectuated in his account at Taurus Capital Markets. Mr.
DeZwirek owns 50% of the outstanding stock of Icarus, 5,497
shares of common stock of CEC directly and warrants to
purchase 1,250,000 shares of common stock of CEC. See CEC's
and Icarus' responses to Item 3 herein.
Item 4. Purpose of Transaction.
Mr. DeZwirek acquired the shares of common stock of Issuer for
investment purposes. Mr. DeZwirek does have an intent to
acquire additional securities of the Issuer if such additional
securities become available at a price Mr. DeZwirek considers
reasonable. See also response of CEC to Item 4 herein.
Item 5. Interest in Securities of the Issuer.
(a) Mr. Phillip DeZwirek owns 15,400 shares of
the common stock of Issuer directly. By
virtue of owning 26.87% of the outstanding
stock of CEC (including the warrants to
purchase 1,250,000 shares of common stock),
Mr. DeZwirek beneficially owns the 61,600
shares of common stock of Issuer owned by
CEC. Mr. DeZwirek owns 13.84% of the
outstanding stock of CEC indirectly through
his direct ownership of 50% of the stock of
Icarus and owns 13.03% of the outstanding
stock of CEC directly (including as
outstanding the securities underlying the
warrants to purchase 1,250,000 shares of
common stock).
(b) Mr. DeZwirek has sole voting and sole
dispositive power with respect to 15,400
shares of stock of Issuer. Mr. DeZwirek also
has shared voting power and shared
dispositive power with respect to the 61,600
shares of common stock of Issuer owned by
CEC as a result of his position as a
director of CEC and by virtue of owning
26.87% of the outstanding stock of CEC
(including as outstanding the securities
underlying the warrants to purchase
1,250,000 shares of common stock). Mr.
DeZwirek owns shares of Issuer indirectly
through his 50% ownership of Icarus which
entity owns 13.84% of the outstanding common
stock of CEC (including as outstanding the
shares of common stock underlying Mr.
DeZwirek's warrants). Mr. DeZwirek also owns
shares of Issuer common stock indirectly
through his direct ownership of 13.03% of
the outstanding common stock of CEC
(including as outstanding the securities
underlying the warrants to purchase
1,250,000 of common stock). Mr. DeZwirek is
the Chief Executive Officer, Chief Financial
Officer and a director of CEC.
(c) Mr. DeZwirek purchased his 15,400 shares of
Issuer that he owns directly in open market
transactions, all of which occurred more
than 60 days from the date of this
<PAGE>
CUSIP NO. 228190104 PAGE 11 OF 15 PAGES
filing. With respect to the shares of Issuer
owned indirectly through beneficial
ownership of CEC shares, see CEC's response
to Item 5(c) herein.
(d) Mr. Phillip DeZwirek is the only person
known to have the right to receive or the
power to direct the receipt of dividends
from, or the proceeds of the sale of, the
15,400 shares of Issuer owned directly by
him. Mr. Phillip DeZwirek controls Icarus.
He owns 50% of the outstanding stock of
Icarus. Mr. Jason Louis DeZwirek is the only
person other than Mr. Phillip DeZwirek who
is known to have the right to receive or the
power to direct the receipt of dividends
from, or the proceeds of the sale of, the
shares of Issuer owned indirectly by Icarus
through Icarus' direct ownership of shares
of common stock of CEC. Mr. Phillip DeZwirek
is the only person known to have the right
to receive or the power to direct the
receipt of dividends from, or the proceeds
of the sale of, the shares of Issuer owned
indirectly by him through his direct
ownership of shares of common stock of CEC.
Mr. Jason Louis DeZwirek is the adult son of
Mr. Phillip DeZwirek.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
None.
Items 2-6 Inclusive for Jason Louis DeZwirek.
Item 2. Identity and Background:
(a) Jason Louis DeZwirek
(b) Principal Business Address: 505 University
Ave., Ste. 1400, Toronto, Ontario M5G 1X3
(c) President of Digital Fusion MultiMedia
Corp., a software company whose principal
business and office address is the address
listed in 2(b) above. Mr. DeZwirek is also a
Director and the Secretary of CEC.
(d) Mr. Jason DeZwirek has not been involved in
any criminal proceedings.
(e) Mr. Jason DeZwirek has never been a party to
any civil judicial or administrative
proceeding in which there has been any
finding of any violation of any federal or
state securities laws.
(f) Canadian Citizen.
Item 3. Sources and Amount of Funds or Other Consideration.
See responses of CEC, Icarus and IntroTech to Item 3 herein.
Mr. DeZwirek owns 50% of the outstanding stock of Icarus. Mr.
DeZwirek is the sole owner of IntroTech.
Item 4. Purpose of the Transaction.
<PAGE>
CUSIP NO. 228190104 PAGE 12 OF 15 PAGES
Mr. DeZwirek acquired the shares of common stock of Issuer for
the same purposes as CEC. See response of CEC to Item 4
herein.
Item 5. Interest in Securities of the Issuer.
(a) By virtue of owning 34.96% of the stock of
CEC, Mr. DeZwirek beneficially owns the
61,600 shares of common stock of Issuer
owned by CEC. Mr. DeZwirek owns 15.91% of
the outstanding stock of CEC indirectly
through his direct ownership of 50% of the
stock of Icarus. Mr. DeZwirek owns an
additional 19.06% of the outstanding stock
of CEC through his ownership of all the
stock of IntroTech.
(b) By virtue of owning 34.96% of the stock of
CEC, Mr. DeZwirek has shared voting power
and shared dispositive power with respect to
the 61,600 shares of common stock of Issuer
owned by CEC. This power applies to all of
the share of Issuer owned indirectly by Mr.
DeZwirek. Mr. DeZwirek owns those shares
indirectly through his 50% ownership of
Icarus which entity owns 15.91% of the
outstanding common stock of CEC and his
ownership of IntroTech which owns 19.06% of
the outstanding common stock of CEC. Such
powers are shared with the other
shareholders of CEC.
(c) See CEC's response to Item 5(c) herein.
(d) Mr. Jason Louis DeZwirek controls Icarus. He
owns 50% of the outstanding stock of Icarus.
Mr. Phillip DeZwirek is the only person
other than Mr. Jason DeZwirek who is known
to have the right to receive or the power to
direct the receipt of dividends from, or the
proceeds of the sale of, the shares of
Issuer owned indirectly by Icarus through
Icarus ownership of shares of CEC. Mr. Jason
Louis DeZwirek controls IntroTech. He is the
sole shareholder of IntroTech. No other
person is known to have the right to receive
the power to direct the receipt of dividends
from, or the proceeds of the sale of, shares
of Issuer common stock owned indirectly by
IntroTech through IntroTech's ownership of
shares of CEC.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
None.
Items 2-6 Inclusive for IntroTech Investments, Inc.
Item 2. Identity and Background:
(a) IntroTech Investments, Inc., an Ontario
(Canadian) corporation.
(b) Principal Business Address: 505 University
Ave., Ste. 1400, Toronto, Ontario M5G 1X3
<PAGE>
CUSIP NO. 228190104 PAGE 13 OF 15 PAGES
(c) Principal Business: Private Investor, with
the principal business and office address of
IntroTech set forth in Item 2(b) above.
(d) IntroTech has not been involved in any
criminal proceedings.
(e) IntroTech has never been a party to any
civil judicial or administrative proceeding
in which there has been any finding of any
violation of any federal or state securities
laws.
Item 3. Source and Amount of Funds or Other Considerations.
By virtue of IntroTech owning 19.06% of CEC,
IntroTech beneficially owns the 61,600 shares of
Issuer owned by CEC.
See CEC's response to Item 3.
Item 4. Purpose of Transaction.
IntroTech acquired its shares of common stock of
Issuer for the same purpose as CEC. See CEC's
response to Item 4 herein.
Item 5. Interest in Securities of the Issuer.
(a) By virtue of IntroTech owning 19.06% of CEC,
IntroTech beneficially owns the 61,600
shares of common stock of Issuer owned by
CEC. IntroTech owns all of such shares
indirectly through its direct ownership of
common stock of CEC.
(b) By virtue of IntroTech owning 19.06% of CEC
IntroTech has shared voting power and shared
dispositive power with respect to the 61,600
shares of common stock of Issuer owned by
CEC. Such powers are shared with the other
shareholders of CEC.
(c) See CEC's response to Item 5(c).
(d) IntroTech is controlled and wholly-owned by
Jason Louis DeZwirek. Jason Louis DeZwirek
is the only known person to have the right
to receive or the power to direct the
receipt of dividends from, or the proceeds
of the sale of, shares of Issuer common
stock owned indirectly by IntroTech through
IntroTech's ownership of shares of CEC.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
A joint filing statement is filed as an exhibit to this
Schedule 13D.
<PAGE>
CUSIP NO. 228190104 PAGE 14 OF 15 PAGES
Signatures.
After reasonable inquiry and to the best of our knowledge and belief,
and undersigned certify that the information set forth in this statement is
true.
October 29, 1998
CECO ENVIRONMENTAL CORP.
By: /s/ Phillip DeZwirek
----------------------------------
Phillip DeZwirek
Chief Executive Officer
ICARUS INVESTMENT CORP.
By: /s/ Phillip DeZwirek
----------------------------------
Phillip DeZwirek
Chief Executive Officer
/s/ Phillip DeZwirek
----------------------------------
Phillip DeZwirek
/s/ Jason Louis DeZwirek
----------------------------------
Jason Louis DeZwirek
INTROTECH INVESTMENTS, INC.
By: /s/ Jason Louis DeZwirek
----------------------------------
Jason Louis DeZwirek
Chief Executive Officer
<PAGE>
CUSIP NO. 228190104 PAGE 15 OF 15 PAGES
EXHIBIT TO SCHEDULE 13D
DATED OCTOBER 29, 1998
OF
CECO ENVIRONMENTAL, INC.
ICARUS INVESTMENT CORP.
PHILLIP DEZWIREK
INTROTECH INVESTMENTS, INC.
AND
JASON LOUIS DEZWIREK
JOINT FILING AGREEMENT
CECO Environmental, Inc. ("CEC"), Icarus Investment Corp. ("Icarus"),
Phillip DeZwirek ("DeZwirek"), IntroTech Investments, Inc. ("IntroTech"), and
Jason Louis DeZwirek ("JLD") hereby agree that the Schedule 13D to which this
statement is attached is filed on behalf of CECO, Icarus, DeZwirek, IntroTech,
and JLD and that any amendments to this Schedule 13D may be filed on behalf of
CEC, Icarus, IntroTech, DeZwirek and JLD.
CECO ENVIRONMENTAL, CORP.
By: /s/ Phillip DeZwirek
--------------------------
Phillip DeZwirek
Chief Executive Officer
ICARUS INVESTMENT CORP.
By: /s/ Phillip DeZwirek
--------------------------
Phillip DeZwirek
Chief Executive Officer
/s/ Phillip DeZwirek
--------------------------
Phillip DeZwirek
/s/ Jason Louis DeZwirek
--------------------------
Jason Louis DeZwirek
INTROTECH INVESTMENTS, INC.
By: /s/ Jason Louis DeZwirek
--------------------------
Jason Louis DeZwirek
Chief Executive Officer
