puraDYN loses money for 2001

Boynton Beach, FL-based puraDYN Filter Technologies said that sales of its oil filtration and bypass system for trucks were up in 2001, though it still lost money for the year. The company said net sales for 2001 totaled $1.47 million, compared with $1.17 million the prior year. However, the company posted a net loss of $4.56 million last year, compared with a net loss of $7.09 million in 2000. President

Sean Kilcarr

April 11, 2002

Boynton Beach, FL-based puraDYN Filter Technologies said that sales of its oil filtration and bypass system for trucks were up in 2001, though it still lost money for the year.

The company said net sales for 2001 totaled $1.47 million, compared with $1.17 million the prior year. However, the company posted a net loss of $4.56 million last year, compared with a net loss of $7.09 million in 2000.

President & COO Kevin G. Kroger said results for 2001 were affected by delays in puraDYN's product launch and a declining U.S. economy.

About the Author

Sean Kilcarr

Editor in Chief

Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.