Subject: Air Filtration Market News For May 06
Here are excerpts for the month of May 06 to the Air Filtration and Purification Markets Updates. These updates reflect only some of the new additions. The analysis and revenues are constantly revised.
McIlvaine Company has recently updated the Revenue Forecast for the Air Filtration Market Report.
CONSTRUCTION
First Quarter Construction Projects for Hotels a Record
First quarter construction numbers for hotels indicate the hospitality market segment is closing in on a record number of projects and has shown increases for more than two years, FacilitiesNet reports .
Forecasts call for construction to peak in 2008 or 2009 and that new hotel openings will top out in 2009 or 2010 .
April U.S. Housing Starts Lower
Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1.85 million, compared with a revised March rate of just under 2.0 million .
Canadian Housing Starts Fall in April
The seasonally adjusted annual rate of housing starts was 218,100 units in April, down from 251,700 units in March .
FINANCIALS
Flanders Corporation announced its results for the first quarter ended March 31, 2006. Net earnings were $2.0 million or $0.08 per share
Buckeye Technologies Inc. announced that it incurred a net loss of $0.8 million after tax (2 cents per share) in the quarter ended March 31, 2006 ..
INDOOR AIR QUALITY
UC Irvine Scientists Verify Health Risk using Ozone Producing Indoor Air Purifiers
In a small, poorly ventilated room, an indoor air purifier that produces even a few milligrams of ozone per hour can create an ozone level that exceeds public health standards, researchers at UC Irvine have found ...
California lawmakers are considering legislation that would require the California Air Resources Board to adopt regulations to reduce emissions from indoor air cleaners by 2008 .
CABIN AIR
Automakers Making More Vehicles with Air Filtration or Ionization Systems
The Detroit News reports vehicles such as the Chrysler 300 and Ford Mustang are equipped with cabin air filters, and Toyota Motor Corp.'s new Camry sedans are rolling off factory lines with ionizers that release positive and negative ions into the cabin to attack invading allergens and pollutants
COMPANY NEWS
BBA to Spin Off Fiberweb
BBA Group confirms that it plans to demerge Fiberweb, its materials technology business, putting to rest rumors of a sale. The Board stated offers which have been received to date for Fiberweb do not represent sufficient value for shareholders and discussions with potential acquirers have been terminated. BBA has therefore decided to demerge Fiberweb and seek a separate listing for it on the London Stock Exchange. BBA currently expects that this process will be complete during the last quarter of 2006
Fleetguard Inc. is Now Cummins Filtration
Fleetguard Inc., a wholly owned business unit of Cummins Inc., is announcing a name change to Cummins Filtration effective immediately .
NEW PRODUCTS
Universal Air Filters basket air filters are designed to enhance cooling capability in electronics equipment enclosures by significantly expanding the air filter surface area. A one-piece fabricated frame and grid design ..
Cambridge Filter Corporations Super High Temperature Air Filter has an operating temperature of 662ΊF (350ΊC), a maximum temperature of 750ΊF (400ΊC) and is available in HEPA (99.97%) or medium (95%) efficiency ..
For more information on Air Filtration and Purification Markets, click on: http://www.mcilvainecompany.com/air.html#N022 .
Bob McIlvaine
847-784-0012
rmcilvaine@mcilvainecompany.com