Gehring Textiles Acquires Tweave

Garden City, N.Y.-based Gehring Textiles Inc. — a manufacturer of warp and circular knit fabrics
for markets such as aviation and aerospace, military, fire prevention, utilities, medical equipment
and apparel, outdoor apparel, and activewear, among others — has purchased Norton, Mass.-based
Tweave Inc, a manufacturer of two- and four-way stretch woven fabrics, and the first weaving mill
globally to produce spandex fabrics.

“We know that Tweave stretch fabric has enormous potential in many of these markets,” said
Skip Gehring, president, Gehring Textiles. “Tweave is well-known and respected in fashion, sports
and intimate apparel, but demand for its specialty woven fabrics exists elsewhere. At Gehring we
know of industrial, medical and upholstery applications, and we see a huge potential in combining
it with our GehringGuard Protective Fabrics in other booming markets.”

Gehring will consolidate dyeing and finishing operations into its manufacturing facility in
New York. Approximately 90 percent of Tweave’s 36-person weaving staff will continue working at
Tweave’s plant in Massachusetts.

November 18, 2008