Menasha Corporation Expands Pharmaceutical Packaging Capabilities

5/1/2006

Menasha Corporation today completed the acquisition of Creative Press, a leading manufacturer of pharmaceutical packaging, labels and inserts. Creative Press, located in Evansville, IN, supplies quick-turn, high-quality products and value-added services to the pharmaceutical, nutraceutical, biotechnology and medical device markets. Terms of the transaction were not disclosed. Creative Press products include folding cartons, packaging, pressure-sensitive labels, inserts, outserts, product manuals, and brochures. The company employs approximately 100 people.

"Creative Press is a successful, growth-oriented company that complements and adds to our New Jersey Packaging Company," said Arthur W. Huge, chief executive officer, Menasha Corporation. Huge said that the acquisition of Creative Press would expand the product offerings, services and capabilities of both companies, which share similar values of quick-turn service, design, security solutions, and FDA compliance. The acquisition also supports Menasha's objective for long-term profitable growth.

Huge also noted that New Jersey Packaging is expanding into the Raleigh, North Carolina area. He said that the company was completing a new facility near the Research Triangle Park area. The new plant is scheduled to begin production in mid-2006.

New Jersey Packaging is a printing supplier of pharmaceutical packaging solutions. For the past 30 years, New Jersey Packaging, based in Fairfield, NJ, has worked closely with pharmaceutical companies to assure that necessary and critical labeling information is correct and accessible. The company manufactures pressure-sensitive labels, hot-seal labels, inserts and outserts, flexible packaging, lidding material, folding cartons, brand authentication solutions and extended text labels.

Menasha Corporation is one of America's oldest private companies. Established in 1849, Menasha Corporation is based in Neenah, Wisc. The approximately $1 billion company has more than 3,500 employees working from facilities located across the U.S. Menasha Corporation?s two largest companies help businesses package their products and move these products safely and efficiently through the supply chain. Other businesses specialize in promoting products in stores across the United States and helping the pharmaceutical industry maintain zero-defect product integrity. All Menasha businesses share common traits ? they provide customers with innovative products at affordable prices and ensure those products beat the expectations of the customer.