West Pharmaceutical Services Announces Third Quarter 20...(our products. This is why it is importan...),Health

Date:11/1/2007

our products. This is why it is important that our customers know that we will continue to support this growth potential through strategic investments in capacity and innovative technology solutions. However, we also built some flexibility into our development plans that will allow us to defer spending if we foresee a change in our capacity needs."

The Company is planning to add two new, co-located production facilities in China. The delayed construction of a dedicated plastic production facility is now expected to commence early in 2008, when the Company expects it will have received all necessary governmental approvals. Construction of the second Chinese plant, which will produce elastomer components, is currently planned to commence in 2009.

In addition to capacity and geographic expansion, the Company has commenced a long-term project to upgrade a number of critical information systems. The upgrades are necessary to replace existing systems that are, or will soon become, obsolete and will further integrate systems within business units, as well as establish a greater degree of commonality across business units. The project is expected to be substantially completed in 2009.

The Company anticipates total capital spending of approximately $120 million for 2007, and capital spending at the same or higher levels through 2011. Spending to maintain existing production capacity is expected to be approximately $60 million this year.

About West Pharmaceutical Services, Inc.

West Pharmaceutical Services, Inc. is a global manufacturer of components and systems for injectable drug delivery, including stoppers and seals for vials, and closures and disposable components used in syringe, IV and blood collection systems. The Company also provides products with application to the personal care, food and beverage markets. Headquartered in Lionville, Pennsylvania, West Pharmaceutical Services supports its partners and customers from 50 locations throug
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SOURCE West Pharmaceutical Services, Inc. Copyright©2007 PR Newswire. All rights reserved

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