Lydall, Inc. designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. It operates through Performance Materials, Technical Nonwovens, and Thermal Acoustical Solutions segments. The Performance Materials segment offers filtration media solutions for air, fluid power, life science and industrial applications, gasket and sealing solutions, thermal insulation, energy storage, and other engineered products. This segment also nonwoven veils, papers, and advanced composite solutions comprising thermal insulation papers and insulation media for high temperature technology applications; and life sciences filtration products for biopharmaceutical diagnostic and analytical testing, potable water filtration, and high purity process filtration in food, beverage, and medical applications. The Technical Nonwovens segment offers nonwoven rolled-good felt media and filter bags used primarily in industrial air and liquid filtration applications. The Thermal Acoustical Solutions segment offers engineered products for transportation sector to thermally shield sensitive components from high heat, improve exhaust gas treatment, and lower harmful emissions, as well as assist in the reduction of noise, vibration, and harshness. Its products are used in the interior, underbody, and underhood of cars, trucks, SUVs, heavy duty trucks, and recreational vehicles. The company markets its products to original equipment manufacturers, Tier 1, Tier 2, and Tier 3 industrial customers. Lydall, Inc. was founded in 1879 and is headquartered in Manchester, Connecticut.
IPO Year: n/a
Exchange: NYSE
Website: lydall.com
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EDISON, N.J., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos"), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced that Randall ("Randy") B. Gonzales has been appointed Chief Financial Officer, to succeed Sagar Kurada who has announced his intention to resign, effective January 11, 2022. Eos CEO Joe Mastrangelo said, "Randy is a proven industrial CFO with a superior track record of delivering results and creating value. I'm excited to welcome Randy to Eos. He is a high-impact executive who brings a unique blend of capital allocation discipline, well-honed operating skills, and transformati
Creates Market Leading Global Specialty Materials Platform Focused On Innovative Battery Materials, Filtration Solutions, and Energy Saving Technologies Unifrax, a leading global provider of high-performance specialty materials focused on thermal management, specialty filtration, battery materials, emission control and fire protection applications backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced the completion of its previously announced acquisition of Lydall, Inc. (NYSE:LDL, "Lydall" or the "Company"))), a leader in the design and production of specialty filtration materials and advanced material solutions. The combined company will be l
NEW YORK, Sept. 29, 2021 /PRNewswire/ -- OptimizeRx Corp. (NASD:OPRX) will replace Lydall Inc. (NYSE:LDL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 4. Clearlake Capital Group is acquiring Lydall in a deal that is expected to close on or about October 1. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector October 4, 2021 S&P SmallCap 600 Addition OptimizeRx OPRX Health Care S&P SmallCap 600 Deletion Lydall LDL Industrials For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES IND
BUFFALO, N.Y., Sept. 16, 2021 /PRNewswire/ -- ASP Unifrax Holdings, Inc. ("Unifrax") announced that it has priced an offering (the "Offering") of $800,000,000 aggregate principal amount of its 5.250% Senior Secured Notes due 2028 (the "Secured Notes") and $400,000,000 aggregate principal amount of its 7.500% Senior Notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes") in a private placement transaction, exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Secured Notes will mature on September 30, 2028 and the Unsecured Notes will mature on September 30, 2029. Each series of Notes was offered at a p
Merger Agreement with Unifrax approved by Lydall ShareholdersLydall and Unifrax anticipate closing within 30 days MANCHESTER, Conn., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Lydall, Inc. (NYSE:LDL, "Lydall" or "the Company"))), a leading global provider of specialty filtration and advanced materials solutions, announced today the results of the special shareholder meeting held earlier today. At the special meeting, Lydall shareholders approved the transactions contemplated by that certain Merger Agreement dated June 21, 2021 by and among Lydall, Inc., Unifrax Holding Co., Outback Merger Sub, Inc., and Unifrax I, LLC. Holders of approximately 77.5% of Lydall common stock voted to approve the me
BUFFALO, N.Y., Sept. 8, 2021 /PRNewswire/ -- ASP Unifrax Holdings, Inc. ("Unifrax"), a leading global provider of high-performance specialty materials focused on thermal management, specialty filtration, battery materials, emission control and fire protection applications backed by Clearlake Capital Group, L.P. ("Clearlake"), announced today that Unifrax Escrow Issuer Corporation is proposing to issue (the "Offering"), subject to market and other conditions, $700,000,000 aggregate principal amount of Senior Secured Notes due 2028 (the "Secured Notes") and $500,000,000 aggregate principal amount of Senior Notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes")
FINANCIAL HIGHLIGHTS* - Q2 2021 Net sales of $221.7 million, up 51.7% compared to prior year on strong demand across all three segments; up 47.4% organicallyGross margin of 21.6%, up 220 bps; adjusted gross margin of 21.6%, up 210 bpsNet income of $5.8 million or $0.32 per diluted share compared to operating loss per share of ($0.34) in Q2-2020; Adjusted earnings per diluted share of $0.50 compared to adjusted loss per share of ($0.27)EBITDA of $20.5 million or 9.3% of sales; Adjusted EBITDA up 116.4% to $24.7 million, or 11.1% of sales and up 40 bps sequentially from Q1-2021Total debt net of cash of $157.5 million, compared to $193.0 million at June 30, 2020; net debt leverage
TONAWANDA, N.Y., July 21, 2021 /PRNewswire/ -- As previously announced, Unifrax, a leading global provider of high-performance specialty materials focused on thermal management, specialty filtration, battery materials, emission control and fire protection applications backed by Clearlake Capital Group, L.P. ("Clearlake"), signed definitive agreements to acquire Lydall, Inc. (NYSE:LDL, ", Lydall", or the ", Company", ))), a leader in the design and production of specialty filtration materials and advanced material solutions. With its leading technologies and 23 manufacturing f
TONAWANDA, N.Y. and MANCHESTER, Conn., June 21, 2021 (GLOBE NEWSWIRE) -- Unifrax, a leading global provider of high-performance specialty materials focused on thermal management, specialty filtration, battery materials, emission control and fire protection applications backed by Clearlake Capital Group, L.P. ("Clearlake"), today announced it has signed definitive agreements to acquire Lydall, Inc. (NYSE:LDL, "Lydall" or the "Company"))), a leader in the design and production of specialty filtration materials and advanced material solutions. With its leading technologies and 23 manufacturing facilities around the world, Lydall is well positioned to capitalize on growth in clean air filtrati
NEW YORK, NY / ACCESSWIRE / April 28, 2021 / Lydall, Inc. (NYSE:LDL) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 28, 2021 at 10:00 AM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.investornetwork.com/event/presentation/77454To receive updates for this company you can register by emailing [email protected] or by clicking get investment info from the company's profile.About Investor NetworkInvestor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. Dedicated to both the professiona
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EDISON, N.J., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos"), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced that Randall ("Randy") B. Gonzales has been appointed Chief Financial Officer, to succeed Sagar Kurada who has announced his intention to resign, effective January 11, 2022. Eos CEO Joe Mastrangelo said, "Randy is a proven industrial CFO with a superior track record of delivering results and creating value. I'm excited to welcome Randy to Eos. He is a high-impact executive who brings a unique blend of capital allocation discipline, well-honed operating skills, and transformati
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