Composite Resources To Expand Rock Hill Plant, Add Jobs

Columbia, S.C.-based Composite Resources Inc. — a designer and manufacturer of composite
components and assemblies for a variety of industries — has announced plans to expand its Rock
Hill, S.C., plant through a $3.5 million investment. The company will purchase five acres of land
next to its current 52,000-square-foot plant in Tech Park to build an additional 60,000-square-foot
facility dedicated to the production of medical and military products. Work should commence during
the second quarter of 2010. Composite Resources reports it expects to create 50 new jobs over the
next five years, and said information on these openings will be posted on its website located at

“We are excited to move forward with our expansion plans in Rock Hill,” said Jonathan
Bennett, president and CEO, Composite Resources. “The new addition to our campus will allow us to
increase our capacity and meet growing demand for our services and products. South Carolina has
proven to be a perfect fit for our company, providing us with an excellent business environment and
a strong workforce. We appreciate all the support we’ve received from state and local officials.”

“The advanced materials sector continues to produce great opportunities in South Carolina,
and Composite Resources’ expansion is another example of growth in this industry,” said Joe Taylor,
Secretary of Commerce, South Carolina. “The company’s decision to expand its operations in South
Carolina is also a positive reflection that our business-friendly climate and skilled workforce are
working to attract new investment and job opportunities in advanced manufacturing.”

January 12, 2010