Frontier Spinning To Upgrade Mayodan Plant

Frontier Spinning Mills, Sanford, N.C., will invest $10.3 million to expand operations at its
Shakey Road plant in Mayodan, N.C., with the expectation of adding 27 jobs. The company plans to
invest in new machinery and building improvements by December 2010. The expansion is funded in part
by a $188,000 incentive package approved by Rockingham County.

“We are pleased to have this opportunity to grow our business and provide new jobs in a tough
economy,” said CEO John Bakane. “We are also encouraged by signs that more sourcing is being done
in this hemisphere.”

September/October 2010