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.
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.
Rich Sheffer, 952-887-3753
May 14, 2012