Air Filtration Market News For Feb. 09
Here is the table of contents for the month of Feb.09 to the Air Filtration & Purification Markets Updates. For more information to Air Filtration & Purification Markets, click on: http://www.mcilvainecompany.com/brochures/air.html#n022 .
Many projects, mergers and acquisitions are detailed in monthly updates in the Market Reports Chapters under Industry Analysis: Aerospace, Food, Disk Drive, Flat Panel, Metalworking, Other Electronics, Pharmaceutical, Power, Pulp Mills, Semiconductor and Transportation.
Stimulus Package To Impact The Building Community
ASHRAEs Special Report on provisions of the recently signed American Recovery and Reinvestment Act (H.R.1)
On February 17, 2009 President Obama signed the American Recovery and Reinvestment Act (commonly referred to as the stimulus bill). The bill focuses on two primary means for stimulating the economy tax credits for the private sector and spending for the public sector (with a resulting impact on the private sector). Both areas focus heavily on infrastructure and buildings related opportunities ..
Construction
U.S. Housing Starts Fall in January
Housing starts in January 2009 fell 16.8 percent from the prior month and declined 56.2 percent from the prior year, to 466,000 .. . ..
Housing starts in the Northeast fell 42.9 percent, and the Midwest also showed a notable 29.3 percent decrease. Starts in the South and the West decreased by a somewhat more modest 12.8 percent and 6.4 percent, respectively
Canadian housing starts fell 11 percent to 153,500 units in January from 172,200 in December, the Canada Mortgage and Housing Corporation said recently .
City condo starts decreased 12.2 per cent to 76,700 units, while single-family home starts fell 20.2 per cent to 50,000 units in January ..
Canadian Non-residential Construction Losing Ground
Although non-residential construction continues to grow, the dollars invested are showing signs of decline
Reed Construction Data reports that according to Statistics Canada, growth in non-residential construction is approaching the zero line, following the general decline in the North American economy ..
Financials
Ahlstrom Final Quarter and Full Year 2008 Sales
Ahlstrom released financial information about the final quarter and full year of 2008. Annual net sales grew by 2.4percent to 1.80 billion from 1.76 billion. Fourth-quarter net sales decreased 9.4 percent to 419 million from 462.5 million. Operating profit for the year decreased to 14.6 million from 25.8 million .
Buckeye Sales, Income Down 12 percent for Quarter
Buckeye Technologies has released financial results for the October-December quarter. Net sales of $184.7 million for the quarter were down 12.4 percent compared to the same quarter a year ago and were down 16.6 percent versus the record July-September quarter. Meanwhile, net quarterly income was $2.6 million ..
Kimberly-Clark Announces Fourth Quarter 2008 Results; Reviews 2009 Business Outlook
4q net sales were $4.6 billion, a decrease of approximately 3 percent vs. 2007 ..
Company News
PGI Strengthens Sustainability Program
PGI announced an initiative to strengthen its corporate sustainability program with focused and expanded efforts in this area led by the companys first chief sustainability officer (CSO). John Heironimus, chief marketing officer for the company, has been appointed to the newly created position of CSO
According to the company, its expanded sustainability program demonstrates PGIs leadership as a nonwovens producer in this important area and shows its commitment to partnering with its key customers and suppliers on these crucial initiatives to better the environment and world
Flanders Corp. Awarded Initial Purchase Agreement for 8 Glove Boxes
Flanders Corporation (NASDAQ: FLDR), won a purchase agreement for 8 glove boxes from Shaw AREVA MOX Services, LLC related to the MOX project at the Savannah River Site (SRS) near Aiken, South Carolina .
Freudenberg Increases Partnership with BMW
Freudenberg Filtration Technologies has expanded its partnership with BMW to supply micronAir cabin air filters for the 2009 BMW X5 Sports Activity Vehicle and X6 Sports Activity Coupe. FFT has supplied cabin air filter products to BMW since 1991 for the 3 Series, 5 Series and 7 Series vehicles .
IAQ
California Warns Consumers about Ozone-Generating Air Cleaners
The California Air Resources Board (ARB) is warning consumers to not purchase air purifiers or air cleaning devices that intentionally generate ozone. The board has also published a list of portable air cleaners that consumers should steer clear of .
New Products
K-C Filtration Unveils Filter Media
Kimberly-Clark Filtration has introduced a new filtration media that delivers MERV 13 performance for LEED Certified buildings. The media was developed in response to the U.S. Green Building Councils (USGBC) standards for ASHRAE 52.2, MERV 13 filtration performance in LEED new construction and major renovation projects ..
Bob McIlvaine
847-784-0012
rmcilvaine@mcilvainecompany.com