Profile: CLARCOR Inc (CLC.N)
3 Dec 2013
CLARCOR Inc. (CLARCOR), incorporated on March 3, 1969, is a provider of filtration products, filtration systems and services, and consumer and industrial packaging products. During the fiscal year ended December 3, 2012 (fiscal 2012), the Company conducted business in three principal industry segments: Engine/Mobile Filtration, Industrial/Environmental Filtration and Packaging. The Company’s Engine/Mobile Filtration segment sells filtration products for engines used in stationary power generation and for engines in mobile equipment applications, including trucks, automobiles, buses and locomotives, and marine, construction, industrial, mining and agricultural equipment. The Company’s Industrial/Environmental Filtration segment centers around the manufacturing and marketing of filtration products used in industrial and commercial processes, and in buildings and infrastructures of various types. The Company’s Packaging segment is conducted by a wholly-owned subsidiary, J.L. Clark, Inc. (J.L. Clark). On May 9, 2012, the Company acquired 100% of the shares in Modular Engineering Company Pty Ltd. (Modular).
The Company’s Industrial/Environmental Filtration segment include oil, air, fuel, coolant, transmission and hydraulic fluid filters which are used in a wide variety of applications and in processes where filter efficiency, capacity and reliability are essential. These applications involve a process where impure air or fluid flows through semi-porous paper, corrugated paper, cotton, synthetic, chemical or membrane filter media with varying filtration efficiency characteristics. The impurities captured by the media are disposed of when the filter is changed.
The Company’s Industrial/Environmental Filtration segments products represent air filters and cleaners, including antimicrobial treated filters and high efficiency electronic air cleaners. These products are used in commercial buildings, hospitals, factories, residential buildings, residences, paint spray booths, gas turbine systems, medical facilities, motor vehicle cabins, aircraft cabins, clean rooms, compressors and dust collector systems.
The Company’s Packaging segment is conducted by a wholly owned subsidiary, J.L. Clark, Inc. (J.L. Clark). J.L. Clark manufactures a variety of different types and sizes of containers and packaging specialties. Metal, plastic and combination metal/plastic containers and closures manufactured by the Company are used in packaging a variety of dry and paste form products, such as food specialties (tea, coffee, spices, mints and other confections); smokeless tobacco products; lip balms; ointments; and consumer healthcare products. Other packaging products include shells for dry cell batteries, canisters for film and candles, spools for insulated and wire, and custom decorated flat metal sheets.
Suite 600, 840 Crescent Centre D
FRANKLIN TN 37067