CLARCOR Inc. and its subsidiaries provide filtration products, filtration systems and services, and consumer and industrial packaging products worldwide. Segments Engine/Mobile Filtration This segment manufactures and sells filtration products for on-road and off-road mobile and stationary applications, including trucks, agricultural machinery, construction and mining equipment, power generation, marine, automobiles, transit buses, locomotives, and other industrial and specialty applications. This segment’s filtration products are manufactured and sold throughout the world, primarily in the aftermarket, but also to first-fit original equipment manufacturers (OEMs) and through original equipment suppliers and wholesale distribution channels. The products manufactured and sold in the Engine/Mobile Filtration segment include both first-fit filtration systems, as well as replacement products, such as oil, air, fuel, coolant, transmission and hydraulic filters that are used in various applications and in processes where filtration efficiency, capacity and reliability are critical. Most of these applications involve a process through which impurities in an air or fluid stream are removed by engineered filtration media, such as semi-porous paper, corrugated paper, cotton, synthetic, chemical or membrane filter media with varying filtration efficiency characteristics. The impurities captured by the media are generally disposed of when the filter is changed. Industrial/Environmental Filtration This segment manufactures and sells filtration products used in industrial and commercial processes, and in buildings and infrastructures of various types. This segment’s products are sold throughout the world, and include liquid process, natural gas and air filtration products and systems used to protect critical equipment, to support the processing and transportation of fuels and feedstocks, to maintain high interior air quality and to control exterior pollution. This segment’s liquid process filtration products include specialty industrial process liquid filters; filters for pharmaceutical processes and beverages; filtration systems, filters and coalescers for the oil and natural gas industry; filtration systems for aircraft refueling, anti-pollution, sewage treatment and water recycling; bilge water separators; sand control filters for oil and gas drilling; and woven wire and metallic products for filtration of plastics and polymer fibers. These filters use various string wound, meltblown, porous and sintered and non-sintered metal media, woven wire and absorbent media. This segment’s air filtration products represent air filters and systems, including advanced medias and treatments and high efficiency first-fit systems. These products are used in gas turbine power generation systems, heavy industrial manufacturing processes, thermal power plants, commercial buildings, hospitals, general factories, residential buildings, residences, paint spray booths, medical devices and facilities, motor vehicle systems, aircraft cabins, clean rooms, compressors and compressor stations. Distribution Products in both the Engine/Mobile Filtration and Industrial/Environmental Filtration segments are sold primarily through a combination of independent distributors, OEMs and their dealer networks, retail stores and directly to end-use customers, such as truck and equipment fleet users, manufacturing companies and contractors. In addition, both segments manufacture and distribute products worldwide through their respective foreign subsidiaries and through export sales from the United States to independent distributors and end-use customers. Dispositions In June 2015, the company sold 100% of J.L. Clark, Inc., which designed and manufactured specialty metal and plastic packaging for various consumer products customers, to CC Industries, Inc., an affiliate of Chicago-based Henry Crown and Company. Patents, Trademarks and Trade names With respect to trademarks and trade names, the company’s trademarks and trade names it uses in connection with certain products (such as ‘Baldwin’, ‘Purolator’, ‘PecoFacet’, ‘Fuel Manager’, ‘Altair’, and ‘BHA’) are valuable and significant to its business. Environmental Factors The U.S. Environmental Protection Agency and/or other responsible state agencies have designated the company as a potentially responsible party, along with other companies, in remedial activities for the cleanup of waste sites under the Comprehensive Environmental Response, Compensation, and Liability Act (commonly referred to as the federal Superfund statute). Additionally, the North Carolina Department of Environmental Protection has identified the property on which one of the company's subsidiaries, CLARCOR Engine Mobile Solutions, LLC, operates as having concentrations of certain chemicals in groundwater that are above regulatory action levels. Research and Development In the year ended November 28, 2015, the company spent approximately $21.7 million on research activities relating to the development of new products or the improvement or redesign of its existing products. History CLARCOR Inc. was founded in 1904. The company was incorporated in 1904 as an Illinois corporation. In 1969, the company was reincorporated in the state of Delaware.
clarcor inc (CLC:New York)
840 Crescent Centre Drive
Franklin, TN 37067
|Barnes Group Inc||$30.99 USD||+0.01|
|Hillenbrand Inc||$25.55 USD||+0.87|
|Rexnord Corp||$17.11 USD||+0.11|
|Sartorius AG||€223.13 EUR||-36.87|
|Watts Water Technologies Inc||$48.63 USD||+0.21|
|View Industry Companies|
Sponsored Financial Commentaries
To contact CLARCOR INC, please visit www.clarcor.com. Company data is provided by Capital IQ. Please use this form to report any data issues.