Here are Excerpts from the March 2011 Air Filtration Update
Many projects, mergers and acquisitions are detailed in monthly updates in the Air Filtration & Purification World Market report’s Chapters under Industry Analysis: Aerospace, Food, Disk Drive, Flat Panel, Metalworking, Other Electronics, Pharmaceutical, Power, Pulp Mills, Semiconductor and Transportation. For more information, click on: http://www.mcilvainecompany.com/brochures/air.html#n022.
Privately-owned housing starts in February were at a seasonally adjusted annual rate of 479,000, 22.5 percent below the revised January rate. The housing starts for single-family units in February dropped 11.8 percent from January.
Privately-owned housing units authorized by building permits, an indication of future building, were at a seasonally adjusted annual rate of 517,000 in February…
Met-Pro Corporation (NYSE:MPR) recently announced the Company's financial results for the fourth quarter and fiscal year ended January 31, 2011.
Net sales for the fiscal year ended January 31, 2011 were up 11% to $88.9 million compared with $80.1 million for the same period last year. Net income totaled $6.1 million for the fiscal year ended January 31, 2011…
Sales in the Filtration/Purification Technologies segment were $10.1 million…
Clarcor Inc. (NYSE: CLC) reported its financial results for the first quarter of 2011. Diluted earnings per share of $0.43 grew 48% from last year’s first quarter on the strength of a 14% increase in net sales. The Company successively leveraged this sales growth into a 37% increase in operating profit and a 2.1 percentage point improvement in operating margin…
Engine/Mobile Filtration Segment Net sales at the Engine/Mobile Filtration segment for the first quarter of 2011 increased $14.9 million, or 15%...
Updated projected sales growth and operating margin by segment and on a consolidated basis are as follows:
|
Segment |
2011 Estimated Sales Growth |
2011 Estimated Operating Margin |
|
Engine/Mobile Filtration |
12.0% to 14.0% |
20.5% to 22.5% |
|
Industrial/Environmental Filtration |
13.0% to 15.0% |
10.0% to 11.0% |
|
Packaging |
-9.0% to -7.0% |
8.0% to 9.0% |
|
CLARCOR |
10.5% to 12.5% |
14.5% to 16.0% |
H&V Announces Expansion into India with Formation of JV with Nath Group
Hollingsworth & Vose Co. recently announced the formation of a joint venture with Nath Group and plans to establish a manufacturing capability in India. The plan includes construction of a new mill near Aurangabad, Maharashtra. The investment will be financed by both companies…
Johns Manville (JM) recently announced they are bringing online previously shutdown capacity in order to better serve the overall market demand for Microfiber.
The capacity will be out of the company’s Waterville, Ohio facility and the new assets will immediately increase the supply of some products by as much as 35 percent...
Donaldson Company, Inc. (NYSE: DCI), announced recently that construction will begin on another manufacturing facility in Aguascalientes, Mexico. This new 140,000 square foot facility will manufacture air filters for the Company's growing markets in the Americas. Donaldson's existing plant in Aguascalientes, which currently manufactures both air and liquid filters, will specialize in liquid filters upon the completion of this new air filter plant…
AAF-McQuay Inc. dba AAF International was approved for economic development incentives at a March 15th special meeting of the Kentucky Economic Development Finance Authority meeting in Frankfort, Ky…
AAF International recently announced that in additional to the ISO 9001 certificate, their Netherlands manufacturing facility in Emmen achieved ISO 14001 Certification in December 2010…
United Components International (UCI), the parent company of Airtex Products in Fairfield, Ill., and Champion Laboratories in Albion, Ill., has been sold to the Rank Group Limited, a New Zealand based holding company with the view to developing its worldwide activity within the automotive market sector…The Rank Group acquired all of the outstanding shares of capital stock and other equity interests in UCI for a payment of $375 million…
The first and only patented indoor air quality product in America that is dedicated to improving the health of occupants by using fresh, outside air is now available. Designed and manufactured by Air Innovations, the HEPAiRx® ventilating room air purifier…
Saudi Aramco's Research and Development Center (R&DC) is at the forefront of developing and introducing new technologies to support the huge networks of crude oil and gas processing facilities, massive facilities with equipment running round the clock….extensive study to design and examine ultrasonic (sound waves) technology as a practical, easy-to-apply and cost-effective way to clean the filters and extend their life…
Bob McIlvaine
President
847 784 0012 ext 112
rmcilvaine@mcilvainecompany.com
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