Vescom America To Relocate To North Carolina

Vescom America Inc., an Orangeburg, N.Y.-based manufacturer of vinyl wall coverings and upholstery,
will move its operation to Henderson, N.C., in Vance County, creating 75 jobs and investing $9
million in its new location over the next three years.

“Our decision to relocate operations to Vance County was based upon North Carolina’s
manufacturing-friendly environment and the skilled textile workforce available in the Henderson
area,” said Joe Berasi, president, Vescom America. “The Vance County Economic Development
Commission understood our requirements for facilities, utilities and job training and exceeded our

The company has received a $125,000 grant from the One North Carolina Fund, which through
local governments provides grants, which in turn are matched locally to assist companies that will
create new jobs and stimulate economic activity. Additional partners in the effort to attract the
company to Henderson include the NC Department of Commerce, Vance County and Vance-Granville
Community College.

September 19, 2006