LOUISVILLE, Ky. — AAF International announced that it has entered into a global license agreement with LPD Technologies for access to unique filtration technology patented by LPD Technologies. In conjunction with the license agreement, AAF International will also acquire all plant assets of Filtration Advice Inc. AAF said this investment will strengthen its position in the high-performance filtration market.
The agreements will provide AAF International with the ability to utilize and further develop LPD Technologies’ embossed filter media manufacturing process. The company said embossing filter media allows for increased media surface area over a smaller filter footprint, thereby enabling better airflow across the filter media, enhancing the dust holding capacity of the filter, and extending the life of the filter. AAF International said access to this technology will enable it to introduce next generation filtration products that will provide customers with improved energy savings, higher filter performance, and increased filter life.
“LPD Technologies is a great fit with AAF’s growth strategy as we have the means to enhance this technology with our world class R&D organization and existing AAF technologies. New product development is a key focus area for AAF to meet the changing needs of our customers. We intend to meet those needs with superior value and performance versus our competition,” said Peter M. Kurto, AAF global chief executive officer.
AAF International said its new product development team is already working on several new product applications incorporating this technology for launch in 2014.
For more information, visit www.aafintl.com.
Publication date: 1/20/2014