Clarcor (NYSE:CLC) is a manufacturer of filtration products and systems for use in Engine/Mobile equipment and Industrial/Environmental purposes. The Company's Engine/Mobile segment sells filtration products for engines used in stationary power generation and for engines in mobile equipment applications (eg trucks, automobiles, agricultural equipment) while its Industrial/Environmental segment manufactures filtration products used in industrial and commercial processes (eg. Air filter products). Around 80% of the company's business is in after markets. The Company also has a small packaging subsidiary J.L. Clark, Inc. which manufactures different types and sizes of containers and packaging specialties. The company's Mobile/Engine filtration products accounts for ~45% of the company's revenues while Industrial/Environmental accounts for ~49%. The remaining 6% comes from the company's...
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