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MFRI makes piping systems, air filter elements, and industrial process coolant systems (liquid chillers) and HVAC systems through subsidiaries Perma-Pipe, Midwesco Filter, Thermal Care, and Midwesco Mechanical, respectively. Perma-Pipe's specialty piping systems are used on college campuses, military bases, and other large sites. Midwesco provides products and services for industrial air filtration, while Thermal Care's heat transfer equipment is used primarily by the plastics industry. Midwesco Mechanical provides HVAC systems for nonresidential projects. The US accounts for the bulk of MFRI's revenue.

N-Viro International Corporation develops and licenses its technology to municipalities and private companies. Their patented processes use lime and/or mineral-rich, combustion byproducts to treat, pasteurize, immobilize and convert wastewater sludge and other bio-organic wastes into biomineral agricultural and soil-enrichment products with real market value. The company has generated sales in excess of $40 million dollars, since its initial public offering in October of 1993, which was underwritten by Robertson Stephens, Raymond James, Oppenheimer & Co., and Paine Webber.

Sionix makes water and wastewater treatment systems that use dissolved air flotation technology. Target markets include energy companies, food and beverage product makers, healthcare facilities, industrial corporations, and utilities. Its treatment systems use air molecules to remove organic matter and other contaminants from the water. Sionix owns various product and process patents on modular filtration systems, and is evolving peripheral and new products and processes. It targets niche markets like oil and gas drillers and sugarcane processors. The company is also pursuing licensing and partnership opportunities internationally in places like China, India, and sub-Saharan Africa. Sionix was founded in 1994.

Westport formed a joint venture with Weichai Power Co., Ltd., China's largest heavy duty engine manufacturer, and Hong Kong Peterson (CNG) Equipment Limited in 2008. The new entity, Weichai Westport Inc. (WWI), will develop, manufacture, market, and sell advanced, alternative fuel engines incorporating Westport technology (and relevant parts and kits) for use in automobiles, heavy duty trucks, power generation and shipping applications.In 1999, Westport and Cummins Inc. of Columbus, Indiana entered into a memorandum of understanding to explore the development of HPDI technology for Cummins flagship heavy-duty truck engine, the 15-litre ISX.

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