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Donaldson Co., Inc.

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Donaldson Company, Inc. designs, manufactures, and sells filtration systems and replacement parts serving industrial and engine customers globally. The company produces air filtration systems, liquid filtration systems, exhaust and emissions systems, and replacement filters for industrial equipment, engines, and special applications. Donaldson serves customers in construction, mining, agriculture, aerospace, defense, transportation, power generation, and other industries requiring filtration solutions. The company operates through Mobile Solutions (filters for engines and equipment) and Industrial Solutions (dust collection, compressed air filtration, process filtration) segments. Founded in 1915 and headquartered in Bloomington, Minnesota, Donaldson has built global leadership in filtration technologies through innovation, quality, and customer relationships. The company benefits from recurring replacement filter revenues, diversified end markets, global distribution, and technological expertise. Donaldson experiences cyclicality tied to industrial production, equipment sales, and construction activity. The company has delivered consistent profitability and cash generation through economic cycles. Donaldson continues to invest in innovation, geographic expansion, and strategic growth initiatives to strengthen market positions and serve evolving filtration requirements globally.