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HI NEWS ITEM; Hi NEWS: DONALDSON RANKS HIGHLY IN 2013
December 6, 2013
Long regarded as a leader among its peers, Donaldson Company, Inc. (NYSE:DCI), a leading, worldwide manufacturer of filtration systems and parts, is pleased to announce that the company ranked high once again in 2013 both as a U.S. technology leader and as a Minnesota-based publicly traded company.
Each year, IndustryWeek, a leading voice in manufacturing for more than 40 years, compiles a variety of lists to rank U.S. manufacturers among their peers. In 2013, Donaldson excelled in the IW’s lists as shown below:
- IW US 500 ranks America's largest public manufacturers, based on revenue. In 2013, Donaldson was number 324 in the list of 500, up from 340 the prior year. Within this list, Donaldson also ranked as the #2 U.S. machinery manufacturer.
- IndustryWeek 50 Best U.S. Manufacturers, an exclusive annual ranking of America's top-performing public manufacturers based on their financial performance in six key areas over a three-year period, ranked Donaldson 18, up from 39 in 2012. Financial metrics measured include inventory turns, profit margin, asset turns, return on assets, return on equity and revenue growth.
“As a global leader in industrial filtration solutions, we are pleased that our company continues to move up in the rankings among our peers as part of IndustryWeek’s annual benchmarks,” said Jay Ward, senior vice president, Industrial Products at Donaldson Company, Inc. “These rankings are a testament to our continued focus on technology and customer service coupled with the commitment of our employees to advancing our technologies and products.”
In Minnesota, Donaldson continues to excel as a publicly-traded company in terms of financial performance, technology advancement and as a desirable place to work.
In 2013, Donaldson ranked in the Top 10 (#9) of the Twin Cities Business B.I.G. Book of Lists showcasing the “Top 25 Publicly Traded Manufacturers.” The Company also ranked #12 in the Minneapolis/St. Paul Business Journal “Top 25 Public Company R&D Spending” list, a modest jump from 15 in 2012. Both rank companies based on annual revenue.
As a patent holder, Donaldson was also showcased among its peers in 2013. With 43 U.S. granted patents, Donaldson ranked #11 in the Minneapolis/St. Paul Business Journal “Top 25 Index of Patent Holders.” Additionally, the Company was selected as a constituent in the 2012-2013 Ocean Tomo 300® Patent Index (OT300), a diversified portfolio of 300 companies that own the most valuable U.S. patents relative to their book value.
Donaldson ranked 18 among the top 100 Minnesota employers in the Star Tribune’s 2013 “Top Workplaces.” Surveyed by Workplace Dynamics, employees were surveyed on “Me factors” – career, pay and management – and “We factors” – where their company is going, its strategy to get there and what makes their company different.
“Minnesota is a state rich in public companies, IP and innovation, and employers who know the value their people bring to the organization,” continued Ward. “Donaldson is honored to be ranked so highly among other Minnesota employers. We appreciate the commitment of all our constituents for their continued support of Donaldson.”
About Donaldson Company
Donaldson is a leading worldwide provider of filtration systems that improve people’s lives, enhance our Customers’ equipment performance, and protect our environment. We are a technology-driven Company committed to satisfying our Customers’ needs for filtration solutions through innovative research and development, application expertise, and global presence. Our approximately 12,600 employees contribute to the Company’s success by supporting our Customers at our more than 140 sales, manufacturing, and distribution locations around the world.
Donaldson is a member of the S&P MidCap 400 and Russell 1000 indices, and our shares trade on the NYSE under the symbol DCI. Additional information is available at the Donaldson Company corporate website.