Brazilian Firm To Establish US Nonwoven Operation

Brazil-based nonwovens producer Companhia Providência Indústria e Comércio has announced it will
build a 215,000-square-foot facility on 43 acres in Statesville, N.C., for the production of
spunbond nonwovens.

Providência expects to receive machinery for the facility’s two production lines by February
2009. The lines will have a combined production capacity of 40,000 metric tons per year.

The company said it selected Statesville because of its competitive logistics, quality of
workforce and proximity to raw material suppliers and customer base.

September/October 2008