This year’s donation, and the initial $100,000 donation made in 2020, were made by the Donaldson Foundation.
The Filter Minder Connect sensors and receiver wirelessly transmit performance data to the cloud.
Donaldson has maintained a strong financial position.
With the addition of the Material Research Center, Donaldson will add six researchers and engineers to the company’s headquarters population of 1,100 employees. The planned 17,000-square-foot center is scheduled to open in November 2019.
Filtration company Donaldson Co. has announced net earnings of $102.4 million in the fourth quarter and $180.3 million for full-year 2018, compared with $68.2 million and $232.8 million, respectively, in 2017.
Third quarter 2018 sales increased 15.1 percent to $700 million from $608.2 million last year.
Jacquie Boyer will report to Tom Scalf, senior vice president of engine products.
Tod Carpenter, Donaldson’s president and CEO, will become chairman of the board of directors, and current director Willard Oberton will serve as lead independent director.