American & Efird Continues Expansion With Foray Into Technical Textiles

Mount Holly, N.C.-based American
& Efird (A&E) is expanding into specialized technical textiles markets with new yarns,
twines and cords that can be used by the global mechanical rubber goods, wire and cable and
electrical motor manufacturing segments. End products include hoses; timing and conveyor belts;
power, control and fiber-optic cables; and engineered cords for motor manufacturing and repair;
among other products.

“We are greatly broadening our scope of market segments,” said Mark Hatton, global marketing
manager, Technical Textiles Division. “These segments include mechanical rubber goods, wire and
cable, and electrical motor manufacturing, among other high-performance markets requiring technical
textile products. With the acquisitions of Synthetic Thread Company in August of 2004, Ludlow
Textiles Company in March of 2005, and Robinson-Anton Textile Company in August of 2005, A&E
increased capabilities to design, produce and deliver technical textile products for these segments
on a global basis.”

Over the next few years, A&E plans to expand further into performance-driven technical
textiles segments.

February 20, 2007