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Grifols Celebrates Initial Construction of New IVIG Facility with Los Angeles Officials and Dignitaries
Date:1/13/2009

Grifols welcomes Los Angeles Mayor Antonio Villaraigosa, Cal State LA President James Rosser, Councilman Hose Huizar, patient representatives and other dignitaries for the construction dedication ceremony of its new IVIG facility.

LOS ANGELES, Jan. 13 /PRNewswire/ -- Today, Grifols SA (Grifols), a global healthcare company based in Barcelona, Spain, Grifols welcomes Los Angeles Mayor Antonio Villaraigosa., Cal State LA President James Rosser, Councilman Jose Huizar and other elected officials, patient representatives and dignitaries for the ceremonial dedication of its new IVIG facility. Grifols, a global healthcare company based in Barcelona, Spain, recently broke ground on a new 92,000 square foot, intravenous immune globulin (IVIG) production facility at its US headquarters in East Los Angeles. This new facility is the initial realization of its $600 million long-range investment plan announced in October 2007 to increase production for Grifols lifesaving therapies.

The new facility represents a $135 million investment in its facility in El Sereno and will provide approximately 300 new high-paying jobs to Los Angeles. "We are committed to growing Grifols operations in Los Angeles and to giving back to the community through the creation of new quality jobs and economic growth" said Gregory Rich, President of Grifols, Inc.

"Without the support of Mayor Villaraigosa and his business team, we would not have been able to make our vision a reality in Los Angeles. This is the first step in our long-range growth plans for Los Angeles and to meet increasing patient needs for lifesaving plasma therapies."

"The bio-med industry is a critical component of the economic engine of Los Angeles and I am pleased to support Grifols expansion and investment in our great city. As the bio-med sector continues to grow, it will provide good, high-wage jobs for Angelinos. I am glad that we were instrume
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