CLARCOR Inc. (NYSE: CLC) today announced that it has completed its acquisition of Martin Kurz & Co., Inc. ("MKI"), a privately-owned manufacturer of sintered porous metal laminates used in screening and filtration products for a wide array of industries, including pharmaceutical, petrochemical, aerospace, paper and chemical process industries. MKI is based in Mineola, New York and will operate as a member of CLARCOR's Purolator Advanced Filtration Group within the CLARCOR Industrial/Environmental Filtration segment. The terms of the transaction were not disclosed. The acquisition is expected to be accretive to CLARCOR's 2006 earnings. CLARCOR is based in Franklin, Tennessee, and is a diversified marketer and manufacturer of mobile, industrial and environmental filtration products and consumer and industrial packaging products sold in domestic and international markets. Common shares of the Company are traded on the New York Stock Exchange under the symbol CLC. Martin Kurz & Co., Inc. is based in Mineola, New York, and has been manufacturing high quality diffusion-bonded specialty materials such as Dynapore(R) sintered wire mesh laminates, porous powder metals, and Foil-Mesh(TM) since 1970. Further information on the company and its products is available on the MKI website at www.mkicorp.com.
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