ADDITIONAL CONTACTS
Greg Tilque, Town of Gilbert, (480) 503-6865
gregt@ci.gilbert.az.us

Jeanine Jerkovic, GPEC, (602) 262-8609

jjerkovic@gpec.org

Jerry Genduso, Cambridge Filter Corp., (602) 828-1592
j.genduso@cambridgefilterusa.com

COMMERCE AND PARTNERS WELCOME CAMBRIDGE FILTER TO GILBERT

December 1, 2003 (Phoenix, Arizona) – Cambridge Filter Corp. has chosen Gilbert, AZ as home for its new southwestern U.S. operations headquarters. At build-out, the headquarters will total more than 131,000 square feet and generate as many as 120 new jobs. The company will hire approximately 40 employees during its first year of operation.

“Cambridge will be very well served by our fast-growing, high-tech marketplace,” said Greg Tilque, Director of Economic Development for the Town of Gilbert, a community that for the last 13 years has been ranked by the U.S. Census Bureau as the fastest growing municipality of its size in the nation. “This company is internationally renowned for their great product quality and we, along with our partners at the Arizona Department of Commerce and Greater Phoenix Economic Council, are delighted to welcome them to Gilbert.”

Working first with the International Trade and Investment Division at the Arizona Department of Commerce, Cambridge established a sales office here in April 2002. “The company said our services made it easy for them to make an investment decision in Arizona all the way from Japan,” says Commerce Director Gilbert Jimenez. “They expect to hire more than 40 employees locally within the next two years and investment about $10 million.”

In total, Cambridge will construct a 131,326-square-foot manufacturing and office campus within the El Dorado Business Park, located south of Guadalupe Road and east of Country Club Drive. Phase I of the headquarters will total 48,000 square feet. It breaks ground in December and is scheduled for completion during the third quarter of 2004.  The development of Phase II will follow as the company expands its southwestern operations over the next several years.

The main operation will pleat filter media, cut and press aluminum frames, and make the final attachments to the assembly process, including the final inspection process. The facility will also house Cambridge Filter Corporation’s sales office.

Cambridge, whose Japanese parent companies are Kondoh Industries and Cambridge Filter Japan, is a cutting edge manufacturer of high efficiency air filters and filter related equipment for industries that require clean room facilities. Cambridge Filter serves several critical high-tech industry sectors in a wide range of markets across the globe, from semiconductor and flat-panel display fabrication to biotechnology and pharmaceutical manufacturing.

For more information about Cambridge Filter Corporation, please visit www.cambridgefilterusa.com. For more information about the Town of Gilbert visit www.ci.gilbert.az.us/econdev, for the Arizona Department of Commerce visit www.azcommerce.com and for GPEC visit www.gpec.org.