Donaldson Company, Inc. (NYSE: DCI), is pleased to announce the construction of a new filter manufacturing plant in Skarbimierz, Poland to serve the filtration needs of its European and Russian Customers. The new plant will be 108,000 square feet (10,000 square meters) with additional capacity for future expansion.
The facility will be dedicated to the production of heavy duty air filters for both the on-road and off-road equipment markets. This new Polish plant, expected to open in CY15, represents Donaldson’s third manufacturing presence in Central and Eastern Europe. Donaldson’s very successful Czech Republic operations were started in Klášterec in 2003 followed by Kadaň in 2006.
"We are very pleased to add this new, state-of-the-art facility to our extensive manufacturing and distribution base in Europe and have appreciated the ongoing support of the Polish government and local Skarbimierz officials," said Wim Vermeersch, Vice President, Europe, Middle East and Northern Africa. "Based on our Company’s Strategic Growth Plan, this new plant will allow us to further increase our filter manufacturing capacity to meet our projected OEM and Aftermarket Customer demand throughout Europe and Russia.”
About Donaldson CompanyDonaldson is a leading worldwide provider of filtration systems that improve people’s lives, enhance our Customers’ equipment performance, and protect our environment. We are a technology-driven Company committed to satisfying our Customers’ needs for filtration solutions through innovative research and development, application expertise, and global presence. Our approximately 12,500 employees contribute to the Company’s success by supporting our Customers at our more than 140 sales, manufacturing, and distribution locations around the world. Donaldson is a member of the S&P MidCap 400 and Russell 1000 indices, and our shares trade on the NYSE under the symbol DCI. Additional information is available at www.donaldson.com.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts