Franklin-based Clarcor buying GE subsidiary

Friday, November 1, 2013, Vol. 37, No. 44
The Associated Press

General Electric is selling its Kansas-based air filtration business to Clarcor Inc. of Franklin for $265 million.

The Kansas City Star ( reported Wednesday that Clarcor expects the sale to be complete by the end of the year.

The air filtration business is based in Overland Park, Kan., and is part of GE's Power and Water division. It supplies air filtration systems and filters for gas turbine generators and other industrial processes.

The business has about 700 employees worldwide, with plants in Missouri, the United Kingdom and China, and generates about $230 million a year in revenue.