SWF Companies Moves Florida Operations to California

(Reedley, CA) - SWF Companies announced today that it will be consolidating its secondary packaging machinery operations. This action will result in the relocation of its RSC erecting, sealing and specialty casing operation from Altamonte Springs, Florida to Reedley, California which is SWF's operational headquarters. The move of manufacturing operations will commence during the first quarter of 2003, with SWF maintaining local Florida based customer support through its Global Technical Support arm.

"SWF's continued pursuit of agile manufacturing, superior customer support and advanced product development drive this action" said Roland Parker, President of SWF Companies. "The decision to restructure was a difficult one, given our thirty (30) year history in Florida and the quality of people and products that have been the heritage of our operations there. We believe that our customers will benefit significantly long-term from the first class facilities and equipment, engineering and operational resources we have available in Reedley to devote to our RSC erecting, sealing and specialty casing products. The implementation of lean manufacturing principles in our Reedley operation has freed both the space and resources necessary to realize these benefits"

Located 30 minutes southeast of Fresno, California, SWF Companies' Reedley facility occupies 120,000 square feet of office and manufacturing space and produces a broad line of packaging automation solutions, including case and tray packing, erecting and sealing machinery. Designed for the simple to complex secondary packaging applications, including fully integrated packaging lines, these systems will now be designed, manufactured and supported from a single location. SWF's primary packaging group, the former Tisma Machinery Corporation, will maintain its current location in Elk Grove Village, IL.

SWF Companies is a wholly-owned subsidiary of Dover Corporation (NYSE:DOV).

"At SWF, we don't respond to change…we engineer it."