----

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**SECURITIES      AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      10-Q**

**[X]**
**QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d)**

**                     OF THE SECURITIES EXCHANGE ACT OF 1934**
** **

**[       ]**
**TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d)**

**OF      THE SECURITIES EXCHANGE ACT OF 1934**

| For                the quarter ended: October 31, 2005 |   |  Commission                file number: 001-07763 |
|--------------------------------------------------------|--------|--------------------------------------------------------|

**MET-PRO      CORPORATION**

|   | **Pennsylvania**                                          |   | **23-1683282**                       |
|--------|-----------------------------------------------------------|--------|--------------------------------------|
|   | (State                  or other jurisdiction of          |   | (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)          |

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**MET-PRO        CORPORATION**

**INDEX**

| **PART                  I - FINANCIAL INFORMATION** |                                                                                                      |
|-----------------------------------------------------|-----------------------------------------------------------------------------------------------------------|
|                                                |                                                                                                      |   |   |
| **Item                  1.**                        |                                                                                                      | Financial                  Statements |   |
|                                                |                                                                                                      |   |
|                                                | Consolidated                  Balance Sheet as of                                                         |   |
|                                                |                                                                                                      | October                  31, 2005 and January 31, 2005 | 2 |
|                                                | Consolidated                  Statement of Operations for the                  nine-month and three-month |   |
|                                                |                                                                                                      | periods                  ended October 31, 2005 and                  2004 | 3 |
|                                                | Consolidated                  Statement of Shareholders’ Equity                  for the            |   |
|                                                |                                                                                                      | nine-month                  periods ended October 31, 2005 and                  2004 | 4 |
|                                                | Consolidated                  Statement of Cash Flows for the                  nine-month                 |   |
|                                                |                                                                                                      | periods                  ended October 31, 2005 and                  2004 | 5 |
|                                                | Notes                  to Consolidated Financial                  Statements                              | 6 |
|                                                | Report                  of Independent Registered Public Accounting                  Firm                 | 11 |
|                                                |                                                                                                      |   |   |
| **Item                  2.**                        |                                                                                                      | Management’s                  Discussion and Analysis of Financial                  Condition |   |
|                                                |                                                                                                      | and                  Results of Operations | 12 |
|                                                |                                                                                                      |   |   |
| **Item                  3.**                        |                                                                                                      | Qualitative                  and Quantitative Disclosures about Market                  Risk | 17 |
|                                                |                                                                                                      |   |   |
| **Item                  4.**                        |                                                                                                      | Controls                  and Procedures | 17 |
|                                                |                                                                                                      |   |   |
|                                                |                                                                                                      |   |   |
| **PART                  II - OTHER INFORMATION**    |
|                                                |                                                                                                      |   |   |
| **Item                  1.**                        |                                                                                                      | Legal                  Proceedings | 17 |
|                                                |                                                                                                      |   |   |
| **Item                  2.**                        |                                                                                                      | Unregistered                  Sales of Equity Securities and Use of                  Proceeds | 18 |
|                                                |                                                                                                      |   |   |
| **Item                  3.**                        |                                                                                                      | Defaults                  Upon Senior Securities | 18 |
|                                                |                                                                                                      |   |   |
| **Item                  4.**                        |                                                                                                      | Submission                  of Matters to a Vote of Security                  Holders | 18 |
|                                                |                                                                                                      |   |   |
| **Item                  5.**                        |                                                                                                      | Other                  Information | 18 |
|                                                |                                                                                                      |   |   |
| **Item                  6.**                        |                                                                                                      | Exhibits | 19 |
|                                                |                                                                                                      |   |   |
|                                                |                                                                                                      |   |   |
| **SIGNATURES**                                      | 20                                                                                                        |
|                                                |                                                                                                      |   |   |

----

**MET-PRO          CORPORATION**

**CONSOLIDATED      BALANCE SHEET**

**(unaudited)**

| **PART                I - FINANCIAL INFORMATION**                                                                                                                   |                                               |   |                                           |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------|--------|------------------------------------------------|--------|
|                                                                                                                                                                |                                               |   |                                           |   |
| **Item                1.  *****Financial                Statements***                                                                                     |                                               |   |                                           |   |
|                                                                                                                                                                |                                               |   |                                           |   |
|                                                                                                                                                                | **October                31,**                     |   |                  January 31,              |   |
| **ASSETS**                                                                                                                                                          | **2005       ** |   | 2005        |   |
| Current                assets                                                                                                                                       |                                               |   |                                           |   |
|                      Cash and cash equivalents                                                                                             | **$19,016,343**                                    |   | $20,889,476                                    |   |
|                      Accounts receivable, net of allowance for doubtful                                                                    |                                               |   |                                           |   |
|                          accounts of approximately $310,000 and                                                        |                                               |   |                                           |   |
|                          $213,000, respectively                                                                        | **15,535,450**                                     |   | 13,637,599                                     |   |
|                      Inventories                                                                                                           | **16,410,789**                                     |   | 13,843,171                                     |   |
|                      Prepaid expenses, deposits and other current assets                                                                   | **1,217,395**                                      |   | 1,250,098                                      |   |
|                      Deferred income taxes                                                                                                 | **650,151**                                        |   | 650,151                                        |   |
|                                 Total current                assets                      | **52,830,128**                                     |   | 50,270,495                                     |   |
|                                                                                                                                                                |                                               |   |                                           |   |
| Property,                plant and equipment, net                                                                                                                   | **12,141,265**                                     |   | 11,287,253                                     |   |
| Costs                in excess of net assets of businesses acquired, net                                                                                            | **20,798,913**                                     |   | 20,798,913                                     |   |
| Other                assets                                                                                                                                         | **551,079**                                        |   | 567,405                                        |   |
|                  **Total                assets**                               | **$86,321,385**                                    |   | $82,924,066                                    |   |
|                                                                                                                                                                |                                               |   |                                           |   |
| **LIABILITIES                AND SHAREHOLDERS' EQUITY**                                                                                                             |                                               |   |                                           |   |
| Current                liabilities                                                                                                                                  |                                               |   |                                           |   |
|                      Current portion of long-term debt                                                                                     | **$1,200,000**                                     |   | $1,500,910                                     |   |
|                      Accounts payable                                                                                                      | **5,921,566**                                      |   | 5,028,074                                      |   |
|                      Accrued salaries, wages and expenses                                                                                  | **5,894,171**                                      |   | 5,397,195                                      |   |
|                      Dividend payable                                                                                                      | **699,539**                                        |   | 648,381                                        |   |
|                      Customers' advances                                                                                                   | **1,673,369**                                      |   | 1,293,332                                      |   |
|                  Total                current liabilities                      | **15,388,645**                                     |   | 13,867,892                                     |   |
|                                                                                                                                                                |                                               |   |                                           |   |
| Long-term                debt                                                                                                                                       | **2,729,854**                                      |   | 4,039,068                                      |   |
| Other                non-current liabilities                                                                                                                        | **42,662**                                         |   | 41,015                                         |   |
| Deferred                income taxes                                                                                                                                | **1,847,269**                                      |   | 1,810,900                                      |   |
|                  Total                liabilities                              | **20,008,430**                                     |   | 19,758,875                                     |   |
|                                                                                                                                                                |                                               |   |                                           |   |
| Shareholders'                equity                                                                                                                                 |                                               |   |                                           |   |
|                      Common shares, $.10 par value; 18,000,000 shares                                                                      |                                               |   |                                           |   |
|                          authorized, 12,846,608 shares issued,                                                         |                                               |   |                                           |   |
|                          of which 1,649,499 and 1,689,219 shares were reacquired                                       |                                               |   |                                           |   |
|                          and held in treasury at the respective dates                                                  | **963,496**                                        |   | 963,496                                        |   |
|                      Additional paid-in capital                                                                                            | **7,887,259**                                      |   | 7,930,646                                      |   |
|                      Retained earnings                                                                                                     | **69,189,322**                                     |   | 66,032,446                                     |   |
|                      Accumulated other comprehensive income/(loss)                                                                         | **(92,623**                                        | **)**  | 100,635                                        |   |
|                      Treasury shares, at cost                                                                                              | **(11,634,499**                                    | **)**  | (11,862,032                                    | )      |
|                  Total                shareholders' equity                     | **66,312,955**                                     |   | 63,165,191                                     |   |
|                  **Total                liabilities and shareholders' equity** | **$86,321,385**                                    |   | $82,924,066                                    |   |
| See                accompanying notes to consolidated financial statements.                                                                                         |                                               |   |                                           |

----

**MET-PRO          CORPORATION**

**CONSOLIDATED      STATEMENT OF      OPERATIONS**

**(unaudited)**

|                                                         | **Nine                Months Ended** |   | **Three                Months Ended** |   |
|--------------------------------------------------------------|--------------------------------------|--------|---------------------------------------|--------|
|                                                         | ** October                31,** |   | ** October                31,**  |   |
|                                                         | **2005 **                       |   | 2004                                  |   | ** 2005** |   |  2004  |   |
| **Net                sales**                                 | **$62,492,924**                      |   | $53,390,830                           |   | **$21,918,792** |   | $17,406,160 |   |
| Cost                of goods sold                            | **42,762,662**                       |   | 36,586,442                            |   | **15,205,528** |   | 12,065,367 |   |
| Gross                profit                                  | **19,730,262**                       |   | 16,804,388                            |   | **6,713,264** |   | 5,340,793 |   |
|                                                         |                                 |   |                                  |   |   |   |   |   |
| **Operating                expenses**                        |                                 |   |                                  |   |   |   |   |   |
|    Selling                                    | **5,899,709**                        |   | 5,759,178                             |   | **1,972,308** |   | 1,862,739 |   |
|    General                and administrative  | **6,608,923**                        |   | 5,725,878                             |   | **2,256,959** |   | 1,976,615 |   |
|                                                         | **12,508,632**                       |   | 11,485,056                            |   | **4,229,267** |   | 3,839,354 |   |
| Income                from operations                        | **7,221,630**                        |   | 5,319,332                             |   | **2,483,997** |   | 1,501,439 |   |
|                                                         |                                 |   |                                  |   |   |   |   |   |
| Interest                expense                              | **(196,868**                         | **)**  | (273,098                              | )      | **(60,954** | **)** | (86,156 | ) |
| Other                income, net                             | **448,847**                          |   | 111,850                               |   | **162,854** |   | 69,061 |   |
| Income                before taxes                           | **7,473,609**                        |   | 5,158,084                             |   | **2,585,897** |   | 1,484,344 |   |
|                                                         |                                 |   |                                  |   |   |   |   |   |
| Provision                for taxes                           | **2,316,820**                        |   | 1,753,747                             |   | **703,875** |   | 504,673 |   |
| **Net                income**                                | **$5,156,789**                       |   | $3,404,337                            |   | **$1,882,022** |   | $979,671 |   |
|                                                         |                                 |   |                                  |   |   |   |   |   |
| **Earnings                per share, basic**(1)(2)** ** | **$.46**                             |   | $.31                                  |   | **$.17** |   | $.09 |   |
|                                                         |                                 |   |                                  |   |   |   |   |   |
| **Earnings                per share, diluted**(1)(3)         | **$.46**                             |   | $.30                                  |   | **$.17** |   | $.09 |   |
|                                                         |                                 |   |                                  |   |   |   |   |   |
| **Cash                dividend per share - declared**(1)(4)  | **$.1788**                           |   | $.1669                                |   | **$.0625** |   | $.0581 |   |
|                                                         |                                 |   |                                  |   |   |   |   |   |
| **Cash                dividend per share - paid**(1)(4)      | **$.1744**                           |   | $.1631                                |   | **$.0581** |   | $.0544 |   |

|                                                                                   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|----------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                   | (1)    | On                October 10, 2005, the Board of Directors declared a four-for-three                stock                split which was paid on November 15, 2005 to shareholders of record                on                November 1, 2005. All references in the financial statements to per                share amounts and numbers of shares outstanding have been restated                to                reflect the effect of the stock split.                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                                   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                                                                                   | (2)    | Basic                earnings per share are based upon the weighted average number of                shares                outstanding of 11,185,838 and 11,142,537 for the nine-month periods                ended                October 31, 2005 and 2004, respectively, and 11,184,295 and 11,140,839                for                the three-month periods ended October 31, 2005 and 2004,                respectively.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                                                   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                                                                                   | (3)    | Diluted                earnings per share are based upon the weighted average number of                shares                outstanding of 11,320,875 and 11,290,240 for the nine-month periods                ended                October 31, 2005 and 2004, respectively and 11,317,027 and 11,293,111                for                the three-month periods ended October 31, 2005 and 2004,                respectively.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                                                                                   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                                                                                   | (4)    | The                Board of Directors declared quarterly dividends of $.0581 per share                payable on March 8, 2005, June 8, 2005 and September 8, 2005 to                shareholders of record as of February 25, 2005, May 27, 2005 and                August                28, 2005, respectively, and a quarterly dividend of $.0625 per share                payable on December 8, 2005 to shareholders of record as of November                25,                2005. Quarterly dividends of $.0544 per share were paid on March                10, 2004,                June 9, 2004 and September 9, 2004 to shareholders of record as of                February 27, 2004, May 28, 2004 and August 27, 2004, respectively,                and a                quarterly dividend of $.0581 per share payable on December 9, 2004                to                shareholders of record as of November 26, 2004. |
|                                                                                   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| See              accompanying notes to consolidated financial              statements. |

----

**MET-PRO          CORPORATION**

**CONSOLIDATED      STATEMENT OF SHAREHOLDERS'      EQUITY**

**(unaudited)**

|                                                                                       |                             |                              |                                                   |              |                                                 |                        |   |
|--------------------------------------------------------------------------------------------|----------------------------------|-----------------------------------|--------------------------------------------------------|-------------------|------------------------------------------------------|-----------------------------|--------|
|                                                                                       |                             |                              |                                                   | **Accumulated**   |                                                 |                        |   |
|                                                                                       |                             | **Additional**                    |                                                   | **Other**         |                                                 |                        |   |
|                                                                                       | **Common**                       | **                 Paid-in** | **   Retained**                         | **Comprehensive** | **                    Treasury** |                        |   |
|                                                                                       | **Shares  **           | ** Capital**                 | **                   Earnings**         | **Income/(Loss)** | **                    Shares**   | **  Total**       |   |
| **Balances,                January 31, 2005**                                              | $963,496                         | $7,930,646                        |                                                   | $66,032,446       |                                                 | $100,635                    |   | ($11,862,032 | ) | $63,165,191 |   |
|                                                                                       |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
| Comprehensive                income:                                                       |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
|                   Net income                                                     | -                                | -                                 |                                                   | 5,156,789         |                                                 | -                           |   | - |   |   |   |
|                   Cumulative translation adjustment                              | -                                | -                                 |                                                   | -                 |                                                 | (264,444                    | )      | - |   |   |   |
|                   Interest rate swap,                                            |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
|                      net of tax of** **($38,028)             | -                                | -                                 |                                                   | -                 |                                                 | 71,186                      |   | - |   |   |   |
|                         Total comprehensive income |                             |                              |                                                   |              |                                                 |                        |   |   |   | 4,963,531 |   |
|                                                                                       |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
| Dividends                paid, $.1163 per share                                            | -                                | -                                 |                                                   | (1,300,374        | )                                                    | -                           |   | - |   | (1,300,374 | ) |
| Dividends                declared, $.0625 per                                              |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
|                      share                                        | -                                | -                                 |                                                   | (699,539          | )                                                    | -                           |   | - |   | (699,539 | ) |
| Stock                option transactions                                                   | -                                | (43,387                           | )                                                      | -                 |                                                 | -                           |   | 367,668 |   | 324,281 |   |
| Purchase                of 12,548 shares of                                                |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
|                      treasury stock                               | -                                | -                                 |                                                   | -                 |                                                 | -                           |   | (140,135 | ) | (140,135 | ) |
| **Balances,                October 31, 2005**                                              | $963,496                         | $7,887,259                        |                                                   | $69,189,322       |                                                 | ($92,623                    | )      | ($11,634,499 | ) | $66,312,955 |   |
|                                                                                       |                             |                              |                                                   |              |                                                 |                        |   |
|                                                                                       |                             |                              |                                                   |              |                                                 |                        |   |
|                                                                                       |                             |                              |                                                   | **Accumulated**   |                                                 |                        |   |
|                                                                                       |                             | **Additional**                    |                                                   | **Other**         |                                                 |                        |   |
|                                                                                       | **Common**                       | **                 Paid-in** | **       Retained** | **Comprehensive** | **                    Treasury** |                        |   |
|                                                                                       | **                 Shares** | ** Capital**                 | **       Earnings** | **Income/(Loss)** | **                      Shares** | **   Total** |   |
| **Balances,                January 31, 2004**                                              | $963,496                         | $7,955,459                        |                                                   | $63,727,425       |                                                 | ($328,616                   | )      | ($12,047,030 | ) | $60,270,734 |   |
|                                                                                       |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
| Comprehensive                income:                                                       |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
|                   Net income                                                     | -                                | -                                 |                                                   | 3,404,337         |                                                 | -                           |   | - |   |   |   |
|                   Cumulative translation adjustment                              | -                                | -                                 |                                                   | -                 |                                                 | 77,393                      |   | - |   |   |   |
|                   Interest rate swap,                                            |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
|                      net of tax of ($44,527)                      | -                                | -                                 |                                                   | -                 |                                                 | 86,434                      |   | - |   |   |   |
|                         Total comprehensive income |                             |                              |                                                   |              |                                                 |                        |   |   |   | 3,568,164 |   |
|                                                                                       |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
| Dividends                paid, $.1088 per share                                            | -                                | -                                 |                                                   | (1,212,895        | )                                                    | -                           |   | - |   | (1,212,895 | ) |
| Dividends                declared, $.0581 per                                              |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
|                      share                                        | -                                | -                                 |                                                   | (648,381          | )                                                    | -                           |   | - |   | (648,381 | ) |
| Stock                option transactions                                                   | -                                | (25,466                           | )                                                      | -                 |                                                 | -                           |   | 667,338 |   | 641,872 |   |
| Purchase                of 38,289 shares of                                                |                             |                              |                                                   |              |                                                 |                        |   |   |   |   |   |
|                      treasury stock                               | -                                | -                                 |                                                   | -                 |                                                 | -                           |   | (481,687 | ) | (481,687 | ) |
| **Balances,                October 31, 2004**                                              | $963,496                         | $7,929,993                        |                                                   | $65,270,486       |                                                 | ($164,789                   | )      | ($11,861,379 | ) | $62,137,807 |   |
| See                accompanying notes to consolidated financial statements.                |                             |                              |                                                   |              |

----

**MET-PRO          CORPORATION**

**CONSOLIDATED      STATEMENT OF CASH FLOWS**

**(unaudited)**

|   |   |   |                                               |
|--------|--------|--------|----------------------------------------------------|
|   |   |   | **Nine                Months Ended**               |
|   |   |   | **October                31,**                     |
|   |   |   | **2005       ** |   | 2004 |   |

|                                                                                                                                              |
|---------------------------------------------------------------------------------------------------------------------------------------------------|
| **INCREASE                (DECREASE) IN CASH AND CASH EQUIVALENTS**                                                                               |
|                                                                                                                                              |   |   |   |   |   |   |
| **Cash                flows from operating activities**                                                                                           |   |   |   |   |   |   |
|                   Net income                                                                                                            |   |   | **$5,156,789** |   | $3,404,337 |   |
|                   Adjustments to reconcile net income to net                                                                            |   |   |   |   |   |   |
|                            cash provided by operating activities:                          |   |   |   |   |   |   |
|                       Depreciation and amortization                                                                 |   |   | **1,109,925** |   | 1,105,463 |   |
|                       Deferred income taxes                                                                         |   |   | **(1,659** | **)** | (2,021 | ) |
|                       (Gain) loss on sale of property and equipment, net                                            |   |   | **8,348** |   | (1,650 | ) |
|                       Allowance for doubtful accounts                                                               |   |   | **96,682** |   | 76,914 |   |
|                       (Increase) decrease in operating assets:                                                      |   |   |   |   |   |   |
|                              Accounts receivable                                 |   |   | **(2,172,567** | **)** | 1,665,238 |   |
|                              Inventories                                         |   |   | **(2,638,644** | **)** | (1,031,531 | ) |
|                              Prepaid expenses, deposits and other current assets |   |   | **18,158** |   | 79,159 |   |
|                              Other assets                                        |   |   | **(6,744** | **)** | (19,502 | ) |
|                       Increase (decrease) in operating liabilities:                                                 |   |   |   |   |   |   |
|                              Accounts payable and accrued expenses               |   |   | **1,560,944** |   | (750,110 | ) |
|                              Customers’ advances                           |   |   | **380,037** |   | (287,805 | ) |
|                              Other non-current liabilities                       |   |   | **1,648** |   | 1,648 |   |
|             Net                cash provided by operating activities                  |   |   | **3,512,917** |   | 4,240,140 |   |
|                                                                                                                                              |   |   |   |   |   |   |
| **Cash                flows from investing activities**                                                                                           |   |   |   |   |   |   |
|                   Proceeds from sale of property and equipment                                                                          |   |   | **31,696** |   | 1,650 |   |
|                   Acquisitions of property and equipment                                                                                |   |   | **(2,093,201** | **)** | (734,576 | ) |
|             Net                cash (used in) investing activities                    |   |   | **(2,061,505** | **)** | (732,926 | ) |
|                                                                                                                                              |   |   |   |   |   |   |
| **Cash                flows from financing activities**                                                                                           |   |   |   |   |   |   |
|                   Reduction of debt                                                                                                     |   |   | **(1,500,910** | **)** | (1,227,190 | ) |
|                   Exercise of stock options                                                                                             |   |   | **324,281** |   | 641,872 |   |
|                   Payment of dividends                                                                                                  |   |   | **(1,948,755** | **)** | (1,815,651 | ) |
|                   Purchase of treasury shares                                                                                           |   |   | **(140,135** | **)** | (481,687 | ) |
|             Net                cash (used in) financing activities                    |   |   | **(3,265,519** | **)** | (2,882,656 | ) |
| Effect                of exchange rate changes on cash                                                                                            |   |   | **(59,026** | **)** | (33,792 | ) |
|                                                                                                                                              |   |   |   |   |   |   |
| **Net                increase (decrease) in cash and cash equivalents**                                                                           |   |   | **(1,873,133** | **)** | 590,766 |   |
|                                                                                                                                              |   |   |   |   |   |   |
| Cash                and cash equivalents at February 1                                                                                            |   |   | **20,889,476** |   | 16,996,253 |   |
| **Cash                and cash equivalents at October 31**                                                                                        |   |   | **$19,016,343** |   | $17,587,019 |   |
| See                accompanying notes to consolidated financial statements.                                                                       |   |   |   |   |

----

**MET-PRO          CORPORATION**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

**NOTE      1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES **

**Stock      Options:  **

|                                           |  Nine                    Months Ended     |   | Three                    Months Ended          |
|------------------------------------------------|------------------------------------------------|--------|------------------------------------------------|
|                                           | October                    31,                 |   | October                    31,                 |
|                                           | 2005        |   | 2004        |   | 2005        |   | 2004        |
| Net                  Income:                   |                                           |   |                                           |   |   |   |   |
|                     As reported      | $5,156,789                                     |   | $3,404,337                                     |   | $1,882,022 |   | $979,671 |
|                       Pro forma      | 5,031,719                                      |   | 3,246,525                                      |   | 1,840,332 |   | 927,067 |
| Basic                    earnings per share:   |                                           |   |                                           |   |   |   |   |
|                       As reported    | $.46                                           |   | $.31                                           |   | $.17 |   | $.09 |
|                       Pro forma      | $.45                                           |   | $.29                                           |   | $.16 |   | $.08 |
| Diluted                    earnings per share: |                                           |   |                                           |   |   |   |   |
|                       As reported    | $.46                                           |   | $.30                                           |   | $.17 |   | $.09 |
|                       Pro forma      | $.44                                           |   | $.29                                           |   | $.16 |   | $.08 |

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**MET-PRO          CORPORATION**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

**Recent      Accounting Pronouncements: **

**Stock      Splits:**

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**MET-PRO          CORPORATION**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

******NOTE            2 - PRINCIPLES OF            CONSOLIDATION******

**NOTE      3 - BASIS OF PRESENTATION**

**NOTE      4 - INVENTORIES**

|                            | October                31,           |   | January                31,           |
|---------------------------------|------------------------------------------------|--------|------------------------------------------------|
|                            | 2005        |   | 2005        |
| Raw                materials    | $8,506,655                                     |   | $7,965,553                                     |
| Work                in progress | 3,280,075                                      |   | 1,682,391                                      |
| Finished                goods   | 4,624,059                                      |   | 4,195,227                                      |
|                            | $16,410,789                                    |   | $13,843,171                                    |

**NOTE      5 - SUPPLEMENTAL CASH FLOW INFORMATION**

|                                              |                    Nine Months Ended                    October 31, |
|---------------------------------------------------|------------------------------------------------------------------------------------|
|                                              | 2005                                            |   | 2004         |
| Cash                  paid during the period for: |                                                                               |   |   |
|                     Interest            | $210,071                                                                           |   | $256,991 |
|                     Income taxes        | 1,290,171                                                                          |   | 1,536,352 |

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**MET-PRO          CORPORATION**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

|                                                           | Nine                  Months Ended             |   | Three                  Months Ended                  |   |
|----------------------------------------------------------------|------------------------------------------------|--------|------------------------------------------------------|--------|
|                                                           | October                  31,                   |   |                    October 31,                  |   |
|                                                           | 2005        |   | 2004         |   | 2005         |   | 2004         |   |
| Gain/(loss)                  on sale of property and equipment | ($8,348                                        | )      | $1,650                                               |   | $244 |   | $1,650 |   |
| Other,                  primarily interest income              | 457,195                                        |   | 226,742                                              |   | 162,610 |   | 86,161 |   |
| Unusual                  charge - patent litigation            | -                                              |   | (116,542                                             | )      | - |   | (18,750 | ) |
|                                                           | $448,847                                       |   | $111,850                                             |   | $162,854 |   | $69,061 |   |

|                                                                                       |                                                       |   |                                                           |
|--------------------------------------------------------------------------------------------|------------------------------------------------------------|--------|----------------------------------------------------------------|
|                                                                                       |                                                       |   |                                                           |
|                                                                                  |  Nine                Months Ended                     |   |                    Three Months Ended           |
|                                                                                       |  October                31,                           |   |       October                31, |
|                                                                                       |   2005        |   | 2004                        |   | 2005        |   | 2004        |
| **Net                sales**                                                               |                                                       |   |                                                           |   |   |   |   |
|                      Product recovery/pollution control equipment | $39,244,030                                                |   | $31,556,277                                                    |   | $14,442,030 |   | $9,900,395 |
|                      Fluid handling equipment                     | 23,248,894                                                 |   | 21,834,553                                                     |   | 7,476,762 |   | 7,505,765 |
|                                                                                       | $62,492,924                                                |   | $53,390,830                                                    |   | $21,918,792 |   | $17,406,160 |
|                                                                                       |                                                       |   |                                                           |   |   |   |   |
| **Income                from operations**                                                  |                                                       |   |                                                           |   |   |   |   |
|                      Product recovery/pollution control equipment | $3,938,788                                                 |   | $2,522,779                                                     |   | $1,542,752 |   | $571,279 |
|                      Fluid handling equipment                     | 3,282,842                                                  |   | 2,796,553                                                      |   | 941,245 |   | 930,160 |
|                                                                                       | $7,221,630                                                 |   | $5,319,332                                                     |   | $2,483,997 |   | $1,501,439 |

|                                                                                  | October                31,           |   | January                31,           |
|--------------------------------------------------------------------------------------------|------------------------------------------------|--------|------------------------------------------------|
|                                                                                       | 2005        |   | 2005        |
| **Identifiable                assets**                                                     |                                           |   |                                           |
|                      Product recovery/pollution control equipment | $43,665,377                                    |   | $41,554,730                                    |
|                      Fluid handling equipment                     | 21,995,856                                     |   | 19,784,083                                     |
|                                                                                       | 65,661,233                                     |   | 61,338,813                                     |
|                      Corporate                                    | 20,660,152                                     |   | 21,585,253                                     |
|                                                                                       | $86,321,385                                    |   | $82,924,066                                    |

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**MET-PRO          CORPORATION**

**NOTES        TO CONSOLIDATED FINANCIAL STATEMENTS**

**NOTE          8 - ACCOUNTANTS’ 10-Q REVIEW**

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**MET-PRO          CORPORATION**

**REPORT      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING      FIRM**

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**MET-PRO          CORPORATION**

**Item      2.   *****Management’s      Discussion and Analysis of Financial Condition and Results of      Operations***** **

***Results      of Operations:***

|                                                 |   | **Nine                  Months Ended** |   |     | **Three                  Months Ended** |   |
|------------------------------------------------------|--------|----------------------------------------|--------|----------|-----------------------------------------|--------|
|                                                 |   | **October                  31,**       |   |     | **October                  31,**        |   |
|                                                 |   | **2005**                               |   | **2004** |                                    |   | **2005** |   | **2004** |   |
| Net                  sales                           |   | **100.0**                              | **%**  | 100.0    | %                                       |   | **100.0** | **%** | 100.0 | % |
| Cost                  of goods sold                  |   | **68.4**                               | **%**  | 68.5     | %                                       |   | **69.4** | **%** | 69.3 | % |
| Gross                  profit                        |   | **31.6**                               | **%**  | 31.5     | %                                       |   | **30.6** | **%** | 30.7 | % |
|                                                 |   |                                   |   |     |                                    |   |   |   |   |   |
| Selling                  expenses                    |   | **9.4**                                | **%**  | 10.8     | %                                       |   | **9.0** | **%** | 10.7 | % |
| General                  and administrative expenses |   | **10.6**                               | **%**  | 10.7     | %                                       |   | **10.3** | **%** | 11.4 | % |
| Income                  from operations              |   | **11.6**                               | **%**  | 10.0     | %                                       |   | **11.3** | **%** | 8.6 | % |
|                                                 |   |                                   |   |     |                                    |   |   |   |   |   |
| Interest                  expense                    |   | **(.3**                                | **%)** | (.5      | %)                                      |   | **(.3** | **%)** | (.5 | %) |
| Other                  income, net                   |   | **.7**                                 | **%**  | .2       | %                                       |   | **.7** | **%** | .4 | % |
| Income                  before taxes                 |   | **12.0**                               | **%**  | 9.7      | %                                       |   | **11.7** | **%** | 8.5 | % |
|                                                 |   |                                   |   |     |                                    |   |   |   |   |   |
| Provision                  for taxes                 |   | **3.7**                                | **%**  | 3.3      | %                                       |   | **3.2** | **%** | 2.9 | % |
| Net                  income                          |   | **8.3**                                | **%**  | 6.4      | %                                       |   | **8.5** | **%** | 5.6 | % |

***Nine        Months Ended October 31, 2005 vs. Nine Months Ended October 31,        2004***

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**MET-PRO          CORPORATION**

**Item      2.   **
***Management’s      Discussion and Analysis of Financial Condition and Results of Operations      continued…***

***Three      Months Ended October 31, 2005 vs. Three Months Ended October 31,      2004***

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**MET-PRO          CORPORATION**

**Item      2.   **
***Management’s Discussion and Analysis of      Financial Condition and Results of Operations      continued…***
** **

***Liquidity:***

***Capital      Resources and Requirements:***

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**MET-PRO          CORPORATION**

**Item        2.   *Management’s        Discussion and Analysis of Financial Condition and Results of Operations        continued…***

***Critical        Accounting Policies and Estimates:***

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**MET-PRO          CORPORATION**

**Item      2.   **
***Management’s Discussion and Analysis of      Financial Condition and Results of Operations      continued…***
** **

***Cautionary        Statement Concerning Forward-Looking        Statements:***

| ·       | the                write-down of costs in excess of net assets of businesses acquired                (goodwill), as a result of the determination that the acquired business                is                impaired. Our Flex-Kleen Division, which initially performed well                after                being acquired by Met-Pro, thereafter had several years of declining                performance which we attributed primarily to a general weakness in                its                served markets, followed by improved performance in the fiscal year                ended                January 31, 2005 as compared to the prior year. During the fiscal                year                ended January 31, 2005, we performed an impairment analysis of the                $11.1                million of goodwill that the Company carries for Flex-Kleen and concluded                that no impairment has occurred. Flex-Kleen’s performance needs to                continue to improve in order for us not to be required to write-off                some                or all of its goodwill; |
|--------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | materially                adverse changes in economic conditions in the markets served by us                or in                significant customers of ours; |
|--------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | material                changes in available technology; |
|--------------------------------------------|----------------------------------------------------------|

| ·       | adverse                developments in the asbestos cases that have been filed against the                Company, including without limitation the exhaustion of insurance                coverage, the imposition of punitive damages or other adverse developments                in the availability of insurance                coverage; |
|--------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | changes                in accounting rules promulgated by regulatory agencies, including                the SEC,                which could result in an impact on                earnings; |
|--------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | the                cost of compliance with Sarbanes-Oxley and other applicable legal                and                listing requirements, and the unanticipated possibility that Met-Pro                may                not meet these requirements; |
|--------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | unexpected                results in our product development                activities; |
|--------------------------------------------|-----------------------------------------------------------------------------------------|

| ·       | loss                of key customers; |
|--------------------------------------------|---------------------------------------|

| ·       | changes                in product mix and the cost of materials, with effect on                margins; |
|--------------------------------------------|---------------------------------------------------------------------------------------------------------|

| ·       | changes                in our existing management; |
|--------------------------------------------|----------------------------------------------------|

| ·       | exchange                rate fluctuations; |
|--------------------------------------------|--------------------------------------------|

| ·       | changes                in federal laws, state laws and                regulations; |
|--------------------------------------------|------------------------------------------------------------------------------------|

| ·       | lower                than anticipated return on investments in the Company’s defined benefit                plans, which could affect the amount of the Company’s pension                liabilities; |
|--------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | the                assertion of litigation claims that the Company’s products, including                products produced by companies acquired by the Company, infringe                third                party patents or have caused injury, loss or                damage; |
|--------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | the                effect of acquisitions and other strategic                ventures; |
|--------------------------------------------|----------------------------------------------------------------------------------------|

| ·       | failure                to properly quote and/or execute customer orders, including                misspecifications, design, engineering or production                errors; |
|--------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·       | the                cancellation or delay of purchase orders or                shipments; |
|--------------------------------------------|------------------------------------------------------------------------------------------|

| ·       | losses                related to international sales;                and/or |
|--------------------------------------------|-----------------------------------------------------------------------------|

| ·       | failure                in execution of acquisition                strategy. |
|--------------------------------------------|-----------------------------------------------------------------------------|

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**MET-PRO          CORPORATION**

**Item      3.   *****Qualitative      and Quantitative Disclosures about Market Risk***

**Item      4.  *****Controls      and Procedures***

**PART      II - OTHER INFORMATION**

**Item      1.**        ***Legal      Proceedings***

*Certain      of the statements made in this Item 1 (and elsewhere in this Report) are“forward-looking” statements which are subject to the considerations set forth      in “Cautionary Statement Regarding Forward-Looking Statements” located in the      Management’s Discussion and Analysis of Financial Condition and Results of      Operations section of this Report, and we refer you to these      considerations.*

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**MET-PRO          CORPORATION**

**Item      2.  *****Unregistered      Sales of Equity Securities and Use of Proceeds***

| (a)    | During                the third quarter ended October 31, 2005, we did not sell any of                our                equity securities that were not registered under the Securities Act                of                1933. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                |
| (b)    | Not              applicable                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                |
| (c)    | The                following table summarizes Met-Pro’s purchases of its Common Shares for                the quarter ended October 31, 2005:                                                                                 |

**Issuer      Purchases of**

**Equity      Securities**

| Period                              |   | TotalNumber                of SharesPurchased |   | AveragePrice                PaidPer                Share |   | Total                Number                ofShares                PurchasedAs                Part of PubliclyAnnouncedPlans                orPrograms |   | MaximumNumber                ofSharesThat                May Yet                bePurchasedUnder                thePlan                orPrograms |           (1) |
|-------------------------------------|--------|-----------------------------------------------|--------|----------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------|
|                                |   |                                          |   |                                                     |   |                                                                                                                                                   |   |                                                                                                                                              |                                                            |
| August                1-31, 2005    |   | 12,548                                        |   | $                11.17                                   |   | 12,548                                                                                                                                                 |   | 270,918                                                                                                                                           |                                                            |
| September                1-30, 2005 |   | 0                                             |   | -                                                        |   | 0                                                                                                                                                      |   | 270,918                                                                                                                                           |                                                            |
| October                1-31, 2005   |   | 0                                             |   | -                                                        |   | 0                                                                                                                                                      |   | 270,918                                                                                                                                           |                                                            |
| Total                               |   | 12,548                                        |   | $                11.17                                   |   | 12,548                                                                                                                                                 |   | 270,918                                                                                                                                           |                                                            |

| (1)   | On                December 15, 2000, our Board of Directors authorized a Common Share                repurchase program that was publicly announced on December 19, 2000,                for                up to 533,333 (adjusted for four-for-three stock split) shares. The                program has no fixed expiration                date. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Item      3.**   ***Defaults Upon      Senior Securities***

**Item      4.  *****Submission of      Matters to a Vote of Security Holders***

**Item      5.  *****Other      Information***

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**MET-PRO          CORPORATION**

**Item      6.  *****Exhibits***

| Exhibit                No. | Description                                                             |
|----------------------------|-------------------------------------------------------------------------|
|                       |                                                                    |
|  4.2        | 2005                Equity Incentive Plan. Incorporated by reference to |
|                       | Appendix              C to the Definitive Proxy Statement filed         |
|                       | with              the SEC on May 14, 2005 for the 2005 Annual Meeting   |
|                       | of              Shareholders.                                           |
|                       |                                                                    |
|  31.1       | Certification                of Chief Executive Officer,                |
|                       | under                Section 302 of the                                 |
|                       | Sarbanes-Oxley                Act of 2002.*                             |
|                       |                                                                    |
|  31.2       | Certification                of Chief Financial Officer,                |
|                       | under                Section 302 of the                                 |
|                       | Sarbanes-Oxley                Act of 2002.*                             |
|                       |                                                                    |
|  32.1       | Certification                of Chief Executive Officer,                |
|                       | Pursuant                18 U.S.C. Section 1350.*                        |
|                       |                                                                    |
|  32.2       | Certification                of Chief Financial Officer,                |
|                       | Pursuant                18 U.S.C. Section 1350.*                        |

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**MET-PRO          CORPORATION**

**SIGNATURES**

|   | 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. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                | **Met-Pro                Corporation**   ** ** |
|---------------------------------------------------------------------|--------------------------------------------------------------------|
|                                                                | (Registrant)                                                       |
|                                                                |                                                               |
|                                                                |                                                               |
|                                                                |                                                               |
|                                                                |                                                               |
| December                5, 2005       | /s/                Raymond J. De Hont                    |
|                                                                | **Raymond                J. De Hont**                              |
|                                                                | **Chairman,                President and Chief Executive**         |
|                                                                | **Officer**                                                        |
|                                                                |                                                               |
|                                                                |                                                               |
|                                                                |                                                               |
|                                                                |                                                               |
| December                5, 2005       | /s/                Gary J. Morgan              |
|                                                                | **Gary                J. Morgan**                                  |
|                                                                | **Vice                President of Finance,**                      |
|                                                                | **Secretary                and Treasurer, Chief**                  |
|                                                                | **Financial                Officer, Chief Accounting**             |
|                                                                | **Officer                and Director**                            |

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