Subject: Air Filtration Market News
Here are excerpts for the month of June ’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.
Excerpts from the June Air Filtration Update:
CONSTRUCTION
May U.S. Housing Starts Increase Five Percent
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced May 2006 housing starts were at a seasonally adjusted annual rate of 1.96 million. This is 5.0 percent above the revised April estimate…
Canada's Housing Starts Fall in May
Work in May began on 216,800 homes at an annual rate, a 0.5 percent decline…
Japan housing starts surge 15% in March
Japanese housing starts were up 15% in March from a year ago…
Office Towers on the Rise in Boston
Office space grew by an average of almost 1.7 million square feet annually between 2000 and 2004. But only 220,000 square feet was added in 2005 while 2.1 million square feet of excess space was used up…
FINANCIALS
Freudenberg Group consolidated sales for the 2005 year end were 4.837 million Euro, a 9.5 percent increase compared to consolidated sales of 4.418 million Euro in 2004…
Donaldson Company, Inc. announced record third quarter diluted earnings per share ("EPS") of $.43, up from $.36 last year….
COMPANY NEWS
Daikin to Acquire Global Air-Conditioning/ AAF Air Filtration Manufacturer OYL Industries
Japanese manufacturer Daikin Industries Ltd. has agreed to buy OYL Industries, a Malaysian HVAC and air-filtration company, for U.S. $2.1 billion. OYL Industries is the parent of Baltimore, Md.-based AAF-McQuay Inc., which owns Louisville-based AAF International…
Camfil Farr Expands
Air filter company Camfil Farr has acquired IF Luftfilter AB (IF) and at the same time concluded an agreement in principle to acquire its German cooperation partner within gas turbine and power plant filters, Kaefer-Raco Engineering GmbH…
North Carolina Grants $225,000 for Flanders Air Filter Plant
Flanders Corp. will receive $225,000 in state incentives to open an air filtration manufacturing plant in Clarkton, North Carolina…
3M to Spend $140 million for Respiratory Protection and Air Filter Plant in Korea
3M plans to spend $140 million on building a plant in Hwaseong, southwest of Seoul…
Vigilair® Biodefense System Designated as a Qualified Anti-Terrorism Technology
The U.S. Department of Homeland Security (DHS) has designated the Vigilair® Biodefense System as a Qualified Anti-Terrorism Technology (QATT), in accordance with the Support Anti-Terrorism by Fostering Effective Technologies (SAFETY) Act of 2002...
Lydall Announces General Price Increase
Lydall Filtration/Separation, Inc. announced a general price increase effective with orders shipped after August 4, 2006…
NEW PRODUCTS
Dectron Internationale Develops Bio-Circ® Complete Air Filtration System
Dectron Internationale Inc. has developed Bio-Circ®, a full spectrum air filtration system designed for critical applications. The company’s R&D team has taken its gas-phase air purification technology and combined it with patent-pending integration of UV-V and UV-C technologies to create Bio-Circ…
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