Clarcor Inc.

Clarcor Inc.

CLC
Clarcor Inc.US flagNew York Stock Exchange
83.00
USD
+0.02
- -
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Industrials
Industry
Industrial - Machinery
Address
IPO Date
Feb 22, 2010
Business
Clarcor Inc. (NYSE: CLC), a leading manufacturer of filtration systems and consumer packaging products, operates through two primary segments: Engine/Mobile Filtration, which provides air, fuel, hydraulic fluid, lube, and other filters for engines in stationary power generation, mobile, industrial, agricultural, and heavy-duty equipment; and Industrial/Environmental Filtration, which offers air cleaners, gas turbine filters, antimicrobial treated filters, dust collectors, mist collectors, fume collectors, and process filtration systems for industrial, commercial, and infrastructure applications. The company also produces specialty packaging via its J.L. Clark subsidiary, including metal cans, plastic closures, battery shells, razor blade containers, and promotional metal packaging. Founded in 1904 as J.L. Clark Manufacturing Co. in Rockford, Illinois, and headquartered in Franklin, Tennessee, Clarcor maintains manufacturing and distribution sites across the United States, with international operations in countries including Australia, Belgium, Canada, China, France, Germany, Italy, Malaysia, Mexico, the Netherlands, Singapore, South Africa, Spain, the United Kingdom, and Venezuela, serving OEMs, aftermarket customers, and industrial end-users globally. Clarcor markets products under brands such as Baldwin, Fuel Manager, PECOFacet, Airguard, Altair, BHA, Clearcurrent, Clark Filter, Hastings, United Air Specialists, Keddeg, and Purolator, positioning it as one of the most diverse filtration providers worldwide. In a transformative development completed in February 2017, Parker Hannifin Corporation acquired Clarcor for approximately $4.3 billion in cash, including net debt, at $83 per share, integrating its filtration portfolio into Parker's Filtration Group to create a comprehensive global leader in purification and separation technologies with enhanced aftermarket presence and operating synergies. This acquisition, the company's most significant recent change, added proprietary media, replacement filters, and industrial process capabilities to Parker while divesting certain overlapping assets like the Facet aviation fuel filtration business to address regulatory requirements. No major subsequent acquisitions, divestitures, or strategic shifts specific to Clarcor's legacy operations have been reported as of late 2025, with its brands and technologies continuing under Parker Hannifin amid the parent's ongoing diversification, including Parker's 2025 agreement to acquire Filtration Group for $9.25 billion.

Company News

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