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Tetratec Ptfe Technologies™ Begins Construction Of New Headquarters And Manufacturing Facility

08 August, 2001
Donaldson Company, Inc.
P.O. Box 1299
Minneapolis, Minnesota 55440
(NYSE: DCI)

Rich Sheffer

952-887-3753


FOR IMMEDIATE RELEASE

 

 

 

NORTHAMPTON TOWNSHIP, Pa., Aug. 8 — Tetratec™ PTFE technologies, a division of Donaldson Company, Inc. (NYSE:DCI), held a groundbreaking ceremony today for the construction of a new headquarters and manufacturing facility at the Ginko Industrial Park in Northampton Township, Pa., a suburb of Philadelphia. Tetratec currently operates four separate facilities in Feasterville, Pa., which is also in the Philadelphia area. The new facility will combine and consolidate the operations from three of those facilities while doubling Tetratec's manufacturing capacity.

The 61,000-square-foot facility, situated on a 19-acre site with additional room for expansion, is scheduled for completion in January 2002.

Tetratec™ PTFE technologies produces expanded PTFE membranes under the Tetratex® brand name. Tetratex repels water while allowing air and moisture vapor to flow freely through the membrane. Tetratex has a wide variety of applications including industrial dust collection and fabric for high performance garments.

Donaldson Company, Inc., headquartered in Minneapolis, Minn., is a leading worldwide provider of filtration systems and replacement parts. Founded in 1915, Donaldson is a technology-driven company committed to satisfying customer needs for filtration solutions through innovative research and development. Donaldson serves customers in the industrial and engine markets including dust collection, power generation, specialty filtration, off-road equipment, trucks, and automotive. More than 8,400 employees contribute to the company's success at roughly 40 manufacturing locations around the world. In fiscal year 2000, Donaldson reported record sales of more than $1 billion and achieved its eleventh consecutive year of double-digit earnings growth. Donaldson is a member of the S&P MidCap 400 Index and Donaldson shares are traded on the New York Stock Exchange under the symbol DCI. Additional company information is available at www.donaldson.com.

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