CLARCOR Announces Acquisition of Synthetic Fibers Filtration Product Line from Newton Tool Company
01 Februar 2007 - 5:49PM
Business Wire
CLARCOR Inc. (NYSE: CLC) today announced that it has acquired the
synthetic fibers filtration business from the Newton Tool &
Manufacturing Co., a privately-owned engineering and machining
company based in Swedesboro, New Jersey. The synthetic fibers
filtration business, including all of the related production
equipment, will be moved into CLARCOR�s Purolator EFP operations in
Houston, Texas and Shelby, North Carolina. The terms of the
acquisition were not disclosed. Norm Johnson, CLARCOR�s Chairman
and CEO, said: �We are very pleased that we had the opportunity to
acquire Newton�s synthetic fiber filtration product line as it will
enable us to further expand the number of products that we now
provide the fiber manufacturing industry.� CLARCOR is based in
Franklin, Tennessee, and is a diversified marketer and manufacturer
of mobile, industrial and environmental filtration products and
consumer and industrial packaging products sold in domestic and
international markets. Common shares of the Company are traded on
the New York Stock Exchange under the symbol CLC.
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