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.
Donaldson Company, Inc. (NYSE: DCI), announced today that construction will begin on two new manufacturing plants in Xuzhou, China, to serve the fast-growing filtration needs of China’s diesel-powered equipment and industrial markets. Each of the new plants will be 140,000 square feet, one dedicated to manufacturing air filters while the other plant will specialize in liquid filters. These two new plants, expected to open in CY14, represent Donaldson’s second manufacturing campus in China. Donaldson’s very successful first China campus in Wuxi opened in 1997 and currently has four manufacturing plants. “We are very pleased to add these two new plants to our existing manufacturing and distribution base in China and have appreciated the wonderful support of the local Xuzhou Economic & Technological Development Zone officials through the planning process,” said Eugene Wu, Donaldson’s President of Asia Pacific. “During the last 15 years we have developed strong relationships with many local Original Equipment Manufacturers and Aftermarket Customers. As the industrial and diesel-powered equipment markets continue to develop and expand in China, these new plants will allow us to both further increase our air filter manufacturing capacity and establish our first Chinese-based liquid filtration manufacturing capacity to meet our projected Chinese Customer demand.” “We warmly welcome Donaldson, a leading worldwide filtration solutions company, to build manufacturing plants in Xuzhou,” said Zhang Fu Ning, Standing Committee Member, Xuzhou Municipal Government and Party Secretary of Xuzhou Economic & Technological Development Zone. “With Xuzhou’s reputation as the capital of construction machinery in China, Donaldson’s new plants will streamline the supply chain for our local construction equipment manufacturers. We will fully support Donaldson’s development in the Xuzhou Economic Development Zone.” About Donaldson Company, Inc. Donaldson 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 nearly 13,000 employees contribute to the Company’s success by supporting our Customers at our more than 100 sales, manufacturing, and distribution locations around the world.