Clarcor exits packaging to focus on filtration

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JL Clark, the original business of Clarcor, designs and manufactures specialty metal and plastic packaging for consumer product customers. Headquartered in Rockford, Illinois, the 111 year-old business has annual revenues of US$77 million and around 350 employees. JL Clark was the sole operating company in Clarcor’s packaging segment.

Christopher Conway, Clarcor’s chairman, president and CEO, said: “Today is a bittersweet but exciting day for both Clarcor and JL Clark. Over the last 40 years Clarcor has transformed itself into one of the world’s leading diversified filtration companies. As we looked to the future and our strategic priorities, we reluctantly determined that the time is right for us to exit the packaging industry, a decision that benefits not only Clarcor, but JL Clark as well. The simple truth is that, as a filtration company, we have not been able to give JL Clark the strategic focus and energy that the company and its dedicated employees deserve.