Press Release
February 4, 2003

In response to rapid growth during the last three quarters of 2002, Executives at Eagle Nonwovens, Inc. announce capital expansion plans. A six-meter wide, Dilo System Group, needlepunch line has been purchased. The new line will produce felt ranging from 3.0 to 50.0 ounces per square yard, from 0.020" to 0.375" thick, and up to 200" wide. Capable of processing as much as ten million pounds per year, the new equipment doubles the company's current capacity. Executives expect the line to be operational by the third quarter of 2003.

To accommodate the impending increase in business, their 82,000 square foot facility will also be expanded. Plans for a 60,000 square foot addition are being finalized. Design and construction contracts are being negotiated at present. The company's nine-acre site in a new industrial park can easily house the anticipated expansion.

Eagle Nonwovens, Inc. started producing materials in August of 2000. Providing innovative design solutions to technical needlepunch end users in the aerospace, automotive, health care, filtration, and home furnishings industries. The company will continue to focus on increasing market share in established markets. Following a successful strategy of lean, cost effective manufacturing, the company filled the first line's capacity after only eighteen months.