Honeywell had been trying to sell the Anderson facility as part of the strategy it initiated
in 2005 to spin off its nylon fiber operations, but its efforts were unsuccessful. According to
Robert Donohoe, manager, external communications, Specialty Materials, the closure completes the
company’s exit from its North American nylon fibers business. Honeywell sold its North American
carpet fiber assets to Dalton, Ga.-based Shaw Industries Inc. in 2005, and it is in the process of
selling its Shanghai-based nylon carpet fiber operation to Wichita, Kan.-bassed Invista. With the
closing of that sale, Honeywell will have completed its divestiture of all nylon fiber operations.

According to Alasdair K. Carmichael, Spartanburg-based president – Americas of PCI Fibres,
England, Honeywell’s Anderson facility produces fully drawn — including very fine-denier — nylon 6,
mainly on beams for warp knitting. “The loss of this production will tighten up the supply
availability in a market segment that is already very tight,” he said.

The company, which acquired Kentucky Derby Hosiery in July 2006, also will consolidate
certain administrative and retail sales activities at the Hopkinsville, Ky.-based Kentucky Derby
headquarters into other Gildan operations.

Gildan will continue to operate its one remaining US sock facility in Hillsville, Va.

According to Gildan, the action, which is in line with its previously announced strategy to
integrate the Kentucky Derby operations and to consolidate all areas of production at Gildan’s
offshore facilities, is necessary in order for the company to remain competitive with imports from
Asia.

The approximately 1,000 associates affected by the closures will be eligible for assistance
under the US Department of Labor’s Trade Act of 1974.

The company also has cut approximately 40 positions at its corporate office in New York City
and outside sales offices.

According to WestPoint Home, the closures and job eliminations are part of its strategy to
streamline domestic production and expand overseas operations and its global supply chain in order
to compete effectively in the global market.

“We have a strategy that we’re clearly streamlining our domestic and growing our overseas
operations,” said Carolyn D’Angelo, senior vice president, corporate marketing. “However, there are
certain categories where if it makes sense to keep it here, then it stays here.”

This news coincides with the announcement that Noveon Inc. and Noveon Canada Inc., wholly
owned subsidiaries of Lubrizol, have changed their names to Lubrizol Advanced Materials Inc., and
Lubrizol Advanced Materials Canada Inc., respectively. Other Lubrizol subsidiaries around the world
will follow with similar name changes beginning in July.

“Gerber Technology has exported products for most of its nearly 40-year history,” said Marc
T. Giles, president and CEO, Gerber Scientific. “To be recognized by the Department of Commerce
with this prestigious award is indeed an honor for Gerber Technology, and a powerful validation of
the effectiveness of our international strategy.”

The company — one of eight US businesses to receive the award this year — supplies automated
manufacturing systems for apparel, flexible materials, sign-making and specialty graphics, and has
offices, agents and distributors in 125 countries. Seventy-five percent of its product revenue in
fiscal year 2006 was created from sales to companies outside the United States — representing an
additional 20-percent growth on top of the 15-percent growth it experienced between 2002 and 2005.

“The sale of these assets reflects our strategy to focus on our chemical-based business,”
said Thomas M. Duff, Wellman’s chairman and CEO.

Pantone, a Carlstadt, N.J.-based color specialist, will implement the Conditioner to
facilitate rapid conditioning of textile samples for color.

“Pantone selected Datacolor as a new supplier of reliable, high-quality conditioner machines
to facilitate color management of our Smart Color Swatch Cards for the fashion and home
industries,” said Brooks Tippett, director, textile operations and development, Pantone. “We share
Datacolor’s passion and commitment for maintaining color throughout the manufacturing process to
deliver true color consistency across any substance.”

England-based Coats plc, a manufacturer of sewing thread and needlecraft products, will use
the Conditioner to speed up development and manufacture of thread coloration by doing away with
variability factors caused by varying environmental conditions in the more than 60 countries where
it maintains facilities.