Clarcor cutting 190 jobs

Manufacturer had hinted at cuts in September, more may come
Nov 9, 2015 2:52 PM

Clarcor appoints new group president

Previous Engine/Mobile president named senior business development officer
Oct 1, 2015 9:51 AM

Baird cuts Clarcor rating

Robert W. Baird analyst Richard Eastman has downgraded shares of Clarcor to ‘neutral’ from ‘outperform’ after the Franklin-based filtration products maker reported worse-than-expected third-quarter profits. Eastman also has cut to $53 his price target for Clarcor, which closed Thursday’s trading (Ticker: CLC) at $48.39.

Sep 18, 2015 7:51 AM

Clarcor drops big after soft Q3

Leaders look at restructuring, cost cut opportunities
Sep 17, 2015 11:25 AM

Clarcor cuts guidance after flat Q2 profits

Executives at filtration and packaging manufacturer Clarcor said their 2014 acquisitions helped grow second-quarter profits 11 percent versus a year ago to $38.5 million. Sales climbed 3 percent from last spring to $400 million. Excluding various one-time events from those acquisitions, however, profits fell slightly. Chairman, President and CEO Chris Conway and his team have lowered their 2105 EPS guidance range about 5 percent to between $3.00 and $3.15 per share because of continued expected weakness in engine filtration sales, especially overseas.

Shares of Clarcor (Ticker: CLC) are down to about $63.10 slightly Friday morning after jumping Thursday on the back of the earnings news. Year to date, they're down about 5 percent.

Jun 19, 2015 10:19 AM

Earnings wrap: Clarcor, First Farmers

Manufacturer sees margins rising this year, bank benefits from expense cuts
Mar 20, 2015 1:14 PM

Claror CEO gets $100K raise

Other execs also benefit from company's growth, push to get them in line with peers
Feb 27, 2015 7:05 AM

Clarcor Q4 up 30%+

Filtration maker sees rising margins in '15
Jan 15, 2015 2:38 PM

Clarcor buys companies catering to Gulf petrochemical sector

Longtime distributor has revenues of $20M
Dec 19, 2014 6:52 AM

Clarcor hikes dividend again

The directors of Clarcor have voted to hike the Franklin-based company's quarterly dividend by about 18 percent to 20 cents per share. Investors of record on Oct. 10 will be paid a week later. The filtration and packaging company (Ticker: CLC) has now grown its dividends every year since 1983.

Sep 29, 2014 11:03 AM