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PURADYN FILTER TE, (PFT) Stock Research Free Stock Rating
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Puradyn Filter Technologies Incorporated engages in the design, manufacture, marketing, and distribution of the oil filtration system in Europe, the Middle East, and Africa. The companys PURADYN bypass oil filtration system is used with various internal combustion engines and hydraulic equipment that use lubricating oil. The PURADYN system, which comes in TF and PFT models, cleans oil by removing solid, liquid, and gaseous contaminants from the oil through a filtration and evaporation process by working in conjunction with an engines oil filter. It also manufactures the disposable replacement filter elements for the PURADYN system. Puradyn markets its products to transportation industry segments, including trucking, marine, agricultural, bus, recreational vehicle, generator, construction, mining, industrial and hydraulic applications, and users of engines or equipment. The company was formed in 1987 under the name T/F Systems, Inc. It changed its name to T/F Purifiner, Inc. in 1990 and later to Puradyn Filter Technologies Incorporated in 1998. Puradyn Filter Technologies is headquartered in Boynton Beach, Florida.
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