CLARCOR Signs Filter Supply Agreement With Caterpillar Inc.
20 Oktober 2004 - 3:30PM
PR Newswire (US)
CLARCOR Signs Filter Supply Agreement With Caterpillar Inc.
FRANKLIN, Tenn., Oct. 20 /PRNewswire-FirstCall/ -- CLARCOR Inc.
(NYSE:CLC) announced today that its Baldwin Filters division has
signed an agreement to supply Caterpillar Machinery and Caterpillar
Power Systems dealers with a new filter program, to be named the
Nexus Filter Program. The Nexus Program will give Caterpillar
dealers throughout the world the ability to offer their customers a
"one-stop shop" for 100% of their filter needs, using Caterpillar
branded filters for Caterpillar equipment and Baldwin branded
filters for all other equipment serviced by Caterpillar dealers.
Baldwin Filters is based in Kearney, Nebraska and is one of the
world's leading manufacturers of engine/mobile filtration products.
Baldwin manufactures more than 5,000 different filter products and
has manufacturing and distribution locations in Nebraska and South
Dakota in the United States and also in China, Mexico, Belgium,
Australia, South Africa and England. 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. More information
is available at http://www.clarcor.com/ . The statements in this
release concerning CLARCOR's sales, earnings, business performance
and prospects are forward-looking statements that involve
significant risks and uncertainties, including the effect of
changes in product demand, availability of labor, price and product
competition, raw material costs, energy prices, productivity
improvement and plant consolidation programs, distribution
channels, acquisitions and divestitures, general economic
conditions in both domestic and foreign markets, interest rates,
currency fluctuations, the success of our Total Filtration Program,
the success of sales and marketing programs, the cost of the
relocation of the Company's corporate offices, the cost of
compliance with recently enacted regulatory requirements and other
factors discussed in filings made with the Securities and Exchange
Commission. DATASOURCE: CLARCOR Inc. CONTACT: Norman E. Johnson,
Chairman and Chief Executive Officer of CLARCOR Inc.,
+1-615-771-3100 Web site: http://www.clarcor.com/
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