Flanders air filters are widely used in industrial cleanrooms in pharmaceutical and food processing businesses. However, the company also makes air filters for commercial and domestic markets, which it makes in its Chicago and New York factories. It has a reputation for short lead times and low-cost logistics which help it to stay competitive.
Daikin has factories in Japan, Europe, China and Southeast Asia and looks set to develop its air filter business more thoroughly. Flanders will become part of Daikin's air filter subsidiary, the American Air Filter Company Inc (AAF), and its products will be distributed throughout the company's international network.
The acquisition will mean that Daikin's air filter business will turnover around $891 million a year (100 billion yen).