American Fibers To Buy RAM Extrusion Filament Assests

American Fibers and Yarns Co., Cumming, Ga., announced that, subject to completion of true
diligence, it has agreed to buy certain assets associated with the operation of RAM Extrusion,
Dalton, Ga. The purchase includes the filament yarn-related business but does not include any
staple or carpet yarn.Frank G. Andrusko, president and CEO, American Fibers and Yarns, said, “Our
strategy is clearly focused on the expansion of our leadership position in olefin filament yarn for
home and commercial furnishings, apparel, automotive and industrial applications. The acquisition
of RAMs assets dovetails nicely with our current market and customer base and also supports our
growth plans.”

October 2000