Market Overview

Donaldson Company Breaks Ground for New Material Research Center at its Corporate Headquarters in Bloomington, Minnesota

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$15 Million Investment to Strengthen Donaldson's Material Science
Capabilities

Donaldson Company, Inc. (NYSE:DCI), a leading worldwide manufacturer of
innovative filtration products and solutions, today broke ground on a
$15 million Material Research Center at its corporate headquarters in
Bloomington, Minnesota.

At the groundbreaking ceremony, Michael Wynblatt, vice president and
chief technology officer, said, "The secret to leading in the filtration
market is having great filter media, and that's enabled by having great
scientific fundamentals. This new Material Research Center will enable
our continued growth and leadership in filtration innovation for years
to come."

As customers' equipment and technology advance, Donaldson's engineering,
technology and operations staffs continually develop original solutions
that anticipate and exceed these evolving requirements. The company
currently holds more than 1,800 active U.S. and international patents,
has over 100 technical laboratories and employs hundreds of engineers,
scientists and technicians. Research and development investments like
the Material Research Center help Donaldson attract the technical talent
necessary for Donaldson's success in innovation and commercialization of
materials and technologies.

Tod Carpenter, Donaldson's chairman, president and chief executive
officer added, "The investment in this facility supports our commitment
to developing new materials, diversifying with new technologies and
penetrating new markets to drive profitable, long-term growth. Donaldson
has been a filtration solutions leader for over a century; this Material
Research Center will help us maintain that leadership position well into
the future."

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 architect for the planned 17,000-square-foot
building is TKDA and the construction company is Gardner Builders. The
Center is scheduled to open in November 2019.

About Donaldson Company
Founded
in 1915, Donaldson Company is a global leader in the filtration industry
with sales, manufacturing and distribution locations around the world.
Donaldson's innovative filtration technologies are designed to solve
complex filtration challenges and enhance customers' equipment
performance.

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