Donaldson Company, Inc. operates as a manufacturer of filtration systems and replacement parts worldwide. Segments The company has two segments, Engine Products and Industrial Products. Engine Products This segment’s products consist of air filtration systems, exhaust and emissions systems, liquid filtration systems (including hydraulics, fuel, and lube systems), and replacement filters. This segment sells to original equipment manufacturers (OEMs) in the construction, mining, agriculture, aerospace, defense, and truck markets; and to independent distributors, OEM dealer networks, private label accounts, and large equipment fleets. Industrial Products This segment’s products consist of dust, fume, and mist collectors, compressed air purification systems, air filtration systems for gas turbines, polytetrafluoroethylene membrane-based products, and specialized air and gas filtration systems for applications, including computer hard disk drives and semi-conductor manufacturing. This segment sells to various industrial dealers, distributors, OEMs of gas-fired turbines, and OEMs and end-users requiring clean filtration solutions and replacement filters. Seasonality A number of the company’s end markets are dependent on the construction, agricultural, and power generation industries, which are generally stronger in the second half of the company’s fiscal year (year ended July 2016). The first two quarters of the fiscal year also contain the traditional summer and winter holiday periods, which are typically characterized by more customer plant closures. Patents and Trademarks The company owns various patents and trademarks, which it considers in the aggregate to constitute a primary asset, including patents and trademarks for products sold under the Ultra-Web, PowerCore, and Donaldson trademarks. Research and Development During the year ended July 31, 2016, the company spent $55.5 million on research and development activities. History Donaldson Company, Inc. was founded in 1915.
donaldson co inc (DCI:New York)
1400 West 94th Street
Minneapolis, MN 55431
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