Meissner buys manufacturing facility for future expansion

Meissner buys manufacturing facility for future expansion

INDEX/NEWS Filtration Company Index AAF International Affinia Ahlstrom Alfa Laval Amiad Andritz Anhydro AO Smith Aqua-Chem Asahi Kasei Ashbrook Simo...

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INDEX/NEWS

Filtration Company Index

AAF International Affinia Ahlstrom Alfa Laval Amiad Andritz Anhydro AO Smith Aqua-Chem Asahi Kasei Ashbrook Simon-Hartley Basin Water Brita BWT Cantel Medical Ceco Environmental Christ Clarcor Clorox Clyde Crane Crown Andersen Cummins Dantherm Donaldson Dow Water Solutions DuPont Eaton Entegris Esco Technologies Fedders Fiberweb Flanders FLSmidth Fluxxion Gamma Holding GE GEA GLV GUD Holdings H2O Innovation Hamworthy Hitachi Plant Technologies Hydranautics Hydro International Inge ItN ITT Kaydon Koch Membrane Systems Kubota Larox Lydall 3M Maag Mahle Mann+Hummel Meissner Met-Pro Metso MFRI Millipore Mott NanoH2O Nitto Denko Norit Americas Novasep Pall Parker Hannifin Parkson Peerless Pentair PGI Polypore Porvair Puradyn Sartorius Seldon Severn Trent Services Seychelle Environmental SG Water Shaw Group Siemens SPX Textron Toray Veolia Water WaterChef Watts Water

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Filtration Industry Analyst

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Meissner buys manufacturing facility for future expansion

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eissner Filtration Products Inc has purchased a 172 077 sq ft manufacturing facility in Camarillo, California, which the company says is ideally suited for use as its corporate headquarters. The building will be leased back to its current occupant for the next 2.5 years, at which point Meissner will consolidate two locations into the new facility. Meissner is currently headquartered in Camarillo. “By making the acquisition at this time, we are assured that we can sustain growth without experiencing space limitations,” explained CEO Christopher Meissner. “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.” Bank of America financed the transaction.

For further information, visit www.meissner.com

Sartorius signs long-term financing package

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ermany’s Sartorius Group has entered into new 400 million financing packages for the next five years. 220 million is available to Sartorius Stedim Biotech and 180 million to Sartorius AG. The biotechnology segment focuses on fermentation, filtration, purification, fluid management and laboratory applications, while mechatronics mainly manufactures equipment and systems featuring weighing, measurement and automation technology for laboratory and industrial applications. Sartorious says that this transaction puts its financing on a solid footing over the long term, and increases its leeway for taking further strategic measures. The new facility

agreements have replaced the bridge loan that the company had arranged in 2007 in connection with the merger of its Biotechnology Division and the French company Stedim. Heiko Imöhl, vice president of Group Financing & Investor Relations at Sartorius, sees the successful conclusion of these facility agreements as a mark of confidence in the company’s business model. “Despite the tight global situation on the credit markets, the banks showed strong interest in participating, and we were able to take out these credit lines at attractive conditions,” said Imöhl. For further information, visit www.sartorius.com

New organisational structure at Anhydro

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he Anhydro Group, which includes Dedert (USA), Vetter (Germany), Drytec (UK), and Anhydro (Denmark), has modified its structure to focus on four geographic areas: North America, South America, EMEA (Europe, Middle East and Africa) and Asia Pacific. The regional offices will be supported by three Technology Centers with the relevant product and process expertise, located in Søborg, Denmark; Kassel, Germany and Chicago, USA. The company believes that the new organization will provide a regional focus while maintaining the industry and process competencies. A further advantage is consolidating and strengthening the engineering capabilities worldwide. “This structure will position us in a way that we can be more customer driven and effective in the increasingly competitive environment. We can better adapt to the individual and changing environments in all regions world wide,” said CEO Allan Jørgensen.

For further information, visit www.anhydro.com

Mann+Hummel expands Asian operations

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ann+Hummel Group is planning to open five new representative offices in Southeast Asia, serving

October 2008