Pall Corporation

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Pall Corporation
Type Public
Traded as NYSEPLL
S&P 500 Component
Industry Diversified Machinery
Founded 1946, New York City
Headquarters Flag of the United States.svg Port Washington, New York
Key people Lawrence D. Kingsley
CEO & President [1]
Akhil Johri
Chief Financial Officer [2]
Roya Behnia
Senior Vice President, General Counsel & Corporate Secretary[3]
Yves Baratelli
President, Pall Life Sciences[4]
Ruby Chandy
President, Pall Industrial[5]
Ken Camarco
Senior Vice President, Global Supply Chain and Business Systems[6]
Revenue IncreaseUS $ 2.74 Billion (FY 2011)[7]
Net income IncreaseUS $ 315.5 Million (FY 2011)[7]
Employees 10,900 (FY 2011)[7]
Website www.pall.com

Pall Corporation, headquartered in Port Washington, New York, is a global supplier of filtration, separations and purification products.[8] The company is listed in the S&P 500[9] and has been included in the Fortune 1000 list since 1991.[10] Total revenues for fiscal year 2011 were $2.74 billion, with $86.8 million spent on R&D.[7] Pall Corporation's business is split into two broad groups: Life Sciences (c.51%) and Industrial (c.49%).[7] These business groups provide fluid management products and systems to customers in biotechnology, pharmaceutical, transfusion medicine, energy, electronics, municipal and industrial water purification, aerospace, transportation and broad industrial markets.

The company was founded by David B. Pall in 1946 as Micro Metallic Corporation.[11]

History[edit]

Founded in 1946 as Micro Metallic Corporation.[12] In 1953, Pall purchased an industrial building at 30 Sea Cliff Ave, Glen Cove, NY (occupied until 1999). In 1958, Pall Corporation constructed a building at 36 Sea Cliff Ave (occupied it until 1971, when Pall Corporation sold the building to August Thomsen).[13] The company was renamed Pall Corp in 1957. In 1958 Pall began to develop filters for use in aircraft hydraulics, applied to the landing gears of American Airlines Boeing 707s. Then, Pall developed filters to purify jet fuel.[14]

Through the 1960s, the business expanded, with sales of $6.7 million in 1960. Pall Europe Limited formed in 1966. Pall Cortland was established in 1961, purchased from Trinity Equipment Company.[12]

In the 1970s, Pall became a leader in fine filtration. Sales reach $88 million in 1978. Major contribution in medical applications. Pall played a major role in the cleanup of the 1970 Three Mile Island nuclear accident.[15]

The company continued to grow in the 80's and 90's, adding applications and products. In the mid-80's, Pall contributed to the construction of the Eurotunnel under the English Channel, providing solutions to hydraulic operations needed to bore through the channel bedrock. In 1988, they began selling a filter for blood transfusions that reduced leukocyte levels below all other existing filters. Centrisep air cleaners were integrated into U.S. Army and Royal Air Force (UK) helicopters to reduce sand and dust out of engines during Operation Desert Storm in 1991.[15] In 1997 the company acquired Gelman sciences, and in 1998, Pall acquired Germam company Rochem.[14]

Details[edit]

Today, the company is divided into two separate, integrated businesses: Pall Life Sciences and Pall Industries. The Scientific & Lab Services employed 175 people worldwide at 29 locations, in 2011. The R&D group has 12 sites, with seven in the United States. The main industrial technical center is at Cortland, NY.[12]

Pall has plants in New Port Richey, DeLand, Florida, Cortland, New York, Timonium, Maryland, Fajardo, Puerto Rico and locations around the world. In 2013 it announced plans to close its plants in Ann Arbor and Fort Myers, Florida.[16]

Achievements[edit]

  • 1990: Dr. Pall is awarded the National Medal of Technology for patenting and commercializing over 100 filtration and other fluid clarification products beneficial to society and for building Pall Corporation into a global company.[17]
  • 2008: Dr. Pall is posthumously inducted into the National Inventors Hall of Fame for his invention of the leukoreduction filter.[18]
  • 2009: Pall Corporation is named one of the greenest companies in America in Newsweek’s September 28 issue. The company was ranked second in the industrial goods sector and 47th among America’s largest companies.[19][20]
  • 2011: Pall Corporation is awarded the Engineering Materials Achievement Award (EMAA) by ASM International. The company was recognized for its porous iron aluminide technology.[21]
  • 2011: Pall Corporation is named a top green company in Newsweek's third annual Green Rankings. The company was ranked fifth in the capital goods sector and 69th among the U.S. 500 list.[22]

External links[edit]

References[edit]

  1. ^ "Pall names new CEO". Filtration + Separation. 10 August 2011. Retrieved 3 October 2011. 
  2. ^ "Pall Corp. names Johri CFO". Yahoo! News. Retrieved 5 May 2013. 
  3. ^ "Pall Corporation Names Roya Behnia General Counsel and Corporate Secretary". MarketWatch. Retrieved 27 July 2012. 
  4. ^ "Pall Corporation Form 10-K". United States Securities and Exchange Commission. 2010. Retrieved 8 March 2011. 
  5. ^ "Pall Corp. names industrial unit president". Retrieved 10 May 2012. 
  6. ^ "Ken Camarco Joins Pall to Lead Global Supply Chain and Business Systems Organizations". Retrieved 12 January 2012. 
  7. ^ a b c d e "Pall Corporation Form 10-K". United States Securities and Exchange Commission. 2011. Retrieved 30 September 2011. 
  8. ^ "Pall Corp. at Robert W. Baird Industrial Conference Transcript". Thomson Reuters. 2010-09-20. Retrieved 20 June 2011. 
  9. ^ "S&P 500 Index". CNNMoney.com. Retrieved 29 April 2011. 
  10. ^ "Fortune 500: Companies by years (1955-2005)". Fortune. Retrieved 29 April 2011. 
  11. ^ Bayot, Jennifer (2004-09-26). "David B. Pall, 90; Invented Filters for Blood". The New York Times. Retrieved 29 April 2011. 
  12. ^ a b c "Pall Overview Industrial BioTechnology". Retrieved 8 Apr 2014. 
  13. ^ "Pall Corporation Record of Decision - NYDEC". Retrieved 9 Apr 2014. 
  14. ^ a b "Pall Corporation History". http://www.fundinguniverse.com/. Retrieved 8 Apr 2014. 
  15. ^ a b "Exploring New Horizons, 1980-1989". pall.com. Retrieved 8 Apr 2014. 
  16. ^ Fort Myers; Business Briefs July 2013 Florida Trend
  17. ^ "The National Medal of Technology and Innovation Recipients, 1990 Laureates". United States Patent and Trademark Office. Retrieved 12 September 2011. 
  18. ^ "David Boris Pall". National Inventors Hall of Fame. Retrieved 12 September 2011. 
  19. ^ "Pall Corporation Named a Top Green Company by Newsweek". Machinery Lubrication. Retrieved 12 September 2011. 
  20. ^ "Pall in Russia". Retrieved 2013-07-19. 
  21. ^ "Pall wins Engineering Materials Achievement Award for 2011". Filtration + Separation. 14 September 2010. Retrieved 12 September 2011. 
  22. ^ "Pall Corporation Named A Top Green Company By Newsweek". Pharmaceutical Online. 1 November 2011. Retrieved 9 November 2011.