Lydall Inc was incorporated in Delaware since 1987 after originally being incorporated in Connecticut in 1969. The Company designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices and biopharmaceutical processing components for thermal/acoustical, filtration/separation and bio/medical applications. The Company's products are mainly sold directly to customers through an internal sales force and external sales representatives and distributed via common carrier. The majority of products are sold to original equipment manufacturers and tier-one suppliers. The Company's operating business segments are Performance Materials, Industrial Filtration, Thermal/Acoustical Metals, and Thermal/Acoustical Fibers. The Performance Materials segment includes filtration media solutions for air, fluid power, and industrial applications, thermal insulation solutions for building products, appliances, and energy and industrial markets, and air and liquid life science applications. The Industrial Filtration segment includes non-woven felt media and filter bags used in industrial air and liquid filtration applications. Non-woven filter media is the commonly used filter technology to satisfy increasing emission control regulations in industries, including power, cement, steel, asphalt, incineration, mining, food, and pharmaceutical. The business also produces non-woven rolled-good media that is used in other commercial applications and media for automotive applications is supplied to the Company's Thermal/Acoustical Fibers segment. The Thermal/Acoustical Metals segment offers a full range of engineered products for the transportation sector to assist in the reduction of powertrain and road noise as well as thermally shield sensitive components from high heat. The Company's products are found in the underbody (tunnel, fuel tank, exhaust, rear muffler and spare tire) and under hood (engine compartment, turbo charger, and manifolds) of cars, trucks, SUVs, heavy duty trucks and recreational vehicles. The Thermal/Acoustical Fibers segment offers engineered products to assist in noise, vibration and harshness (NVH) abatement within the transportation sector. The Company's products are found in the interior (dash insulators, cabin flooring), underbody (wheel well, aerodynamic belly pan, fuel tank, exhaust) and under hood (engine compartment) of cars, trucks, SUVs, heavy duty trucks and recreational vehicles. The Company's patented products include ZeroClearance(r), AMS(r), Flexshield(r) and dBCore(r) comprised of organic and inorganic fiber composites (fiber parts) as well as metal combinations (metal parts). The Company competes through high-quality, specialty engineered products and exceptional customer service. The Company has a number of domestic and foreign competitors for its products. The Company is subject to governmental audits, proceedings and various litigation relating to matter incidental to its business, including product liability and environmental claims.
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