NEWS RELEASE                                   SEPTEMBER 2011

Liquid Cartridge Filter Company Profits Up 26 percent

Companies involved in liquid cartridge filters are increasing sales and earnings at an impressive rate this year.  This is the recent finding reported in Cartridge Filters World Markets.  The following companies are large players with a substantial portion of their revenues generated in the fluid treatment business.

2011 Net Income ($ Millions) for Selected Liquid Cartridge Filter Companies

Parker Hannifin’s profits nearly doubled compared to last year. The motion and control technologies manufacturer’s net sales in 2011 were 23.5 percent higher than 2010 and reflected higher volume in all segments with the largest increase occurring in the Industrial Segment. Operating margins as a percentage of sales improved to 14.8 percent from 11.4 perdcent year-over-year.

Met-Pro’s earnings were flat but the company had a record second quarter for new order bookings. This company provides products for product recovery, pollution control, and fluid handling applications.

Clarcor net income rose 41 percent. Donaldson was not far behind with a 36 percent gain.

3M acquired Cuno Filter in 2005 and Ligacon AG in 2008. Liquid filtration sales are 6 percent of the Industrial and Transportation segment.

For more information on Cartridge Filter World Markets click on: http://www.mcilvainecompany.com//brochures/water.html#nO24