A B Carter To Close Paper Tube Facility

Gastonia, N.C.-based A.B. Carter Inc. has announced plans to close its American Paper Tube
Division, acquired by the company in 1981. According to Rick Craig, president, A.B. Carter, the
current and future volume potentials are not enough to justify keeping the 106-year-old facility
open. Based in Port Gibson, Miss., American Paper Tube will fill all customer orders before closing
its doors, and will transition its customers from paper to plastic tubes so they can continue to do
business with A.B. Carter.

April 2004