PlastiComp acquires new facility

PlastiComp Inc, headquartered in Winona, Minnesota, says the new facility will be the centre of technology development for its LFT compounds and parts businesses. Corporate administrative offices and technical development projects will also be located there.

LFT pellet production will continue at PlastiComp's established Winona plant, although the new facility will provide space for future expansion for LFT pellet production.

PlastiComp manufactures LFT pellets under the Complet® brand and also manufactures LFT pellets for other companies that sell the products under their own brand names. PlastiComp also licenses LFT technology to other companies. Globally, twelve LFT lines incorporating PlastiComp technology will be operational by 2013.

About PlastiComp

The PlastiComp business focus is in long fiber reinforced composite thermoplastic technology: both LFT (long fiber reinforced thermoplastic pellets) and D-LFT (direct long fiber reinforced thermoplastic), and D-GMT (direct glass mat thermoplastic) direct in-line compounding technologies. Complet® composite pellets, produced with LFT technology, are made for the injection molding market in standard as well as custom formulations. PlastiComp manufactures and installs Pushtrusion machinery for direct in-line compounding as a D-LFT technology for injection molding as well as a D-GMT technology for compression molding. In addition, PlastiComp does advanced technology part molding and contract research and development including: material formulation, part testing, process development, and evaluation. PlastiComp also licenses LFT pellet manufacturing technology, with agreements in place at industry-leading companies in Europe and Asia. The corporate office and technical development center as well as compounding operations for PlastiComp are located in Winona, Minnesota, U.S.A. The European subsidiary of PlastiComp, Inc., PlastiComp GmbH, has management located in Steenbergen, The Netherlands. PlastiComp, Inc.,is a privately held company.

For more information, contact PlastiComp, Inc. at phone: 1-507-858-0330, e-mail: info@plasticomp.com or website: www.plasticomp.com.

Complet and Pushtrusion are both registered trademarks of PlastiComp, Inc..

PlastiComp, Inc.

PlastiComp USA, Corporate Headquarters 110 Galewski Drive Winona, MN 55987 Phone: +1 (507) 454-4334 Fax: +1 (507) 452-5642 www.plasticomp.com PlastiComp Europe GmbH Technical Sales Center 4650 AC Steenbergen The Netherlands

www.plasticomp.de