News | March 26, 2009

Meissner Purchases 172,077 sq. ft. Manufacturing Facility To Accommodate Company's Growth

Meissner Filtration Products, Inc. announced recently that it closed escrow on a 172,077 square foot facility in Camarillo, CA, which is ideally suited for use as its corporate headquarters. The building will be leased back to its current occupant for the next 2 ½ years, at which point Meissner will consolidate two locations into the new facility.

"By making the acquisition at this time, we are assured that we can sustain growth without experiencing space limitations," stated Christopher Meissner, CEO. "With land becoming scarce for large industrial facilities in Ventura County, there is an extremely limited inventory of facilities capable of meeting our needs. With this acquisition, we have solved our need not only for additional manufacturing space, but also for laboratory space. Furthermore, with 68,000 square feet of office space, the new facility is well suited to meet our requirements for R&D, engineering, quality and training."

Meissner's ability to secure financing in the current uncertain financial environment is a testament to the strength of the company's balance sheet, cash fl ows and growth prospects. Bank of America financed the transaction.

About Meissner Filtration Products, Inc.
Meissner manufactures advanced microfiltration products, including single-use biocontainer assemblies, for the sterilization of drugs, reagents, and other critical biomanufacturing/pharmaceutical applications. Meissner provides complete validation services, documentation and customer support to optimize filtration systems. Meissner also meets the critical filtration needs of the semiconductor, chemical, and food and beverage industries. Meissner's global customer base is serviced through a worldwide network of both factory-trained local distributors and factory personnel. For more information, visit www.meissner.com,

SOURCE: Meissner Filtration Products, Inc.