Parker Hannifin to Buy Filtration Maker Clarcor — 2nd Update
By Bob Tita Parker Hannifin Corp. announced plans Thursday to buy Clarcor Inc. for about $ 4 billion, providing access to the profitable market for replacement filters for trucks and construction equipment made by Caterpillar Inc. and others. About 80% of Clarcor’s$ 1.4 billion of annual sales comes from replacement filters also used… Read More »