Shalag Industries To Open Nonwovens Plant In Oxford, NC

Israel-based Shalag Industries Ltd. — a supplier of nonwovens fabrics for hygiene and wipes
applications — has announced it will invest more than $17 million to open a new plant in Oxford,
N.C. The investment, aided in part by a One North Carolina Fund grant in the amount of $110,000, is
expected to create 42 jobs paying an average annual wage of $39,966, not including benefits. The
One North Carolina Fund offers financial assistance to businesses through local governments to draw
business projects to the state and boost economic activity.

The plant — where polypropylene, polyester and viscose fibers will be thermobonded into
nonwoven fabric that will be used to manufacture products for customers including Johnson &
Johnson, Nicepak and Kimberly Clark — will be an addition to Shalag’s manufacturing plant in

“Shalag is looking forward to becoming a successful corporate citizen in North Carolina and
in Oxford,” said Ilan Pickman, CEO, Shalag Industries. “North Carolina is a recognized center for
nonwovens manufacturing and [research and development] and we have identified here a strong
infrastructure to support our business.”

October 13, 2009