Sattler Acquires Outdura From Shuford Mills

Sattler AG, Austria, has acquired the Outdura® brand of solution-dyed acrylic canvas fabrics for
outdoor furniture, marine and awning applications from Shuford Mills LLC, Hickory, N.C., for an
undisclosed price. The deal includes Shuford Mills’ manufacturing operation and distribution center
in Hudson, N.C. Outdura is Shuford Mills’ sole product line. Sattler plans to invest $4.56 million
in the operation, now known as Outdura Corp., and will retain Shuford Mills’ current 60 employees
while expanding the operation’s facility and manufacturing systems, and adding 12 or more positions
over the next three years.

Prior to the Outdura acquisition, Sattler employed approximately 540 people globally and
annually produced more than 20 million square meters of fabric including membrane solutions for
architectural and industrial applications; sun-protective fabrics for tents and awnings, boat
covers, and other applications; and technical textiles for truck tarpaulins, advertising, hall and
booth, and other applications. The company’s headquarters and two other manufacturing operations
are located in Austria; and its Ceno Tec textile architecture subsidiary is located in Germany.

January/February 2011