Donaldson Company, Inc. (NYSE: DCI), a worldwide manufacturer of filtration systems and replacement parts, is pleased to announce a $10 million expansion of its testing laboratories at its Bloomington, MN corporate headquarters. Expected to be fully operational in CY2014, the state-of-the-art expansions will enhance Donaldson’s capabilities for testing filter performance under various environmental conditions, further elevating its leadership in technology development.
The expansions will enhance current capabilities to test products in real world environments, factoring in multiple variables at one time such as: temperature, humidity, vibration, pulsation and flow as well as various contaminants. This will allow Donaldson’s in-house scientists and engineers to speed development time and decrease costs, while increasing product effectiveness and reliability. The addition of these rigorous, automated testing capabilities provides a competitive advantage for both Donaldson and its Customers.
"Donaldson has a longstanding history and global reputation as a filtration technology innovator," said Sheila Peyraud, Donaldson's Vice President and Chief Technology Officer. "For nearly 100 years, we have developed breakthrough filtration technologies that meet our Customers' evolving needs for industrial and engine filtration. These expanded testing capabilities augment our 10 international laboratories, affirming our commitment to innovation and our global Strategic Growth Plan."
About Donaldson Company
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 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.
Donaldson Company, Inc.
Becky Cahn, 952-703-4590
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