Welcome to our dedicated page for Donaldson Company news (Ticker: DCI), a resource for investors and traders seeking the latest updates and insights on Donaldson Company stock.
Donaldson Company, Inc. (symbol: DCI) is an industry leader in the design and manufacturing of filtration systems and replacement parts. Founded in 1915 by Frank A. Donaldson, the company revolutionized the filtration sector with the first successful air cleaner for internal combustion engines. Since its inception, Donaldson has been at the forefront of technology and innovation, continually advancing to solve complex filtration challenges.
Today, Donaldson employs over 13,000 people, including a dedicated team of 1,000 scientists and engineers. The company's cutting-edge filtration systems are utilized in a wide range of applications, from heavy-duty trucks on highways to computer disk drives that safeguard critical data.
Donaldson's operations are organized into three primary segments: Mobile Solutions, Industrial Solutions, and Life Sciences. The company's products serve diverse end markets, including construction, mining, agriculture, trucking, and industrial sectors. These segments collectively generated approximately $3.4 billion in revenue and $480 million in operating income in fiscal 2023.
As a member of the S&P MidCap 400 Index, Donaldson's shares are publicly traded on the New York Stock Exchange under the symbol DCI. The company's commitment to innovation and quality is evident in its broad array of filtration products, including air and liquid filtration systems, and dust, fume, and mist collectors.
Donaldson continues to expand its market presence and enhance its product offerings through strategic partnerships and ongoing research and development initiatives. The company remains focused on meeting the evolving needs of its global customer base, ensuring optimal performance and reliability of its filtration solutions.
For the latest updates and developments, including the company's financial performance and new projects, please refer to the latest news section below:
- Latest News: Source: Donaldson Company, Inc.
- ---
- ---
- ---
- ---
- ---
- ---
Donaldson and PolyPeptide have partnered to enhance sustainability in peptide manufacturing by developing a solvent recovery system for peptide purification. Leveraging Donaldson's filtration expertise and PolyPeptide's peptide synthesis skill, the technology reclaims and purifies acetonitrile, significantly reducing solvent consumption and waste. The system, piloted at PolyPeptide's Torrance site, reduces environmental impact by reclaiming solvents typically incinerated post-use. This collaboration aligns with both companies' commitment to sustainable manufacturing and green chemistry principles.
Donaldson Company, Inc. (NYSE: DCI) is developing an integrated upstream and downstream platform for viral vector manufacturing, focusing on lentivirus (LV) production to improve recoveries and reduce manufacturing complexity. The platform aims to accelerate process development timelines and lower costs in the production of cell and gene therapies. Univercells Technologies and Isolere Bio are collaborating on this initiative, with Isolere's IsoTag LV affinity purification reagent offering high functional recoveries and purity, while Univercells Technologies' scale-X bioreactor demonstrates high yields of LV in perfusion mode. The project is a strategic move by Donaldson to enhance its presence in the bioprocessing space through innovative acquisitions.
Donaldson Company, Inc. (NYSE: DCI) will present at the Oppenheimer 19th Annual Industrial Growth Conference on May 6, 2024. The CFO, Scott Robinson, will represent the company at 12:00 p.m. ET. The presentation can be accessed via live webcast on the company's Investor Relations website. Donaldson is a technology-led filtration products provider, serving various industries globally.
Donaldson Company, Inc. (NYSE: DCI) will webcast its third-quarter 2024 earnings conference call on June 4, 2024, at 9:00 a.m. CT. The webcast replay will be available on the company's Investor Relations website. Donaldson, founded in 1915, is a global leader in filtration products serving various industries.
Donaldson Company, a leading provider of filtration products, announced acquiring a 49% stake in Medica S.p.A., a leader in hollow fiber membrane filtration technology. Medica, generating €80 million in revenue in 2023, specializes in blood purification and water purification products. The acquisition is pending the outcome of a tender offer and is expected to be completed by Q3 2024.
FAQ
What is the current stock price of Donaldson Company (DCI)?
What is the market cap of Donaldson Company (DCI)?
What does Donaldson Company, Inc. do?
When was Donaldson Company founded?
What are the main business segments of Donaldson?
What types of products does Donaldson offer?
Where are Donaldson's shares traded?
How many employees work at Donaldson?
What was Donaldson's revenue in fiscal 2023?
Is Donaldson part of any major stock index?
What industries does Donaldson serve?
How does Donaldson emphasize innovation?
