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Hof Textiles Inc. continues to expand by investing 500,000

August 18, 2009

Lincoln County – HOF Textiles Inc. is a leading producer of nonwovens for the automotive engine compartment liner in North America. In addition to the Lincolnton facility, the German parent company “Textile Gruppe Hof” has three other plants located in Europe as well as a joint venture plant in India.

Nonwovens produced by HOF Textiles in Lincolnton, NC are used by all automotive brands produced in North America including GM, Ford, Chrysler, Toyota, Honda, Nissan, Hyundai, BMW, Mercedes and many more.

According to HOF Textiles CEO, Dr. Lothar Hackler, “This new $1.5 million investment is the third major investment in additional production capacity and capability within the last four years, supporting our ambitious goals of growth. With this expansion we will be able to supply a new class of nonwovens for highly demanding automotive applications such as wheel housing liners and nonwovens in high temperature applications.

The production on the new equipment is scheduled to start in February 2010. “This will substitute products that are currently being imported from our parent company in Germany and will allow more products to be produced locally here in Lincolnton. The impact of this expansion will increase sales and give us the ability to react to our customers needs faster and further grow our business.” says Dr. Hackler.

This latest expansion will ultimately create at least 16 new jobs consisting of production operators, maintenance and quality lab personnel.

Pete Acker, chair of Lincoln Economic Development Association, “HOF Textiles is without a doubt a leader within their industry, it’s impressive to see their continued success in Lincoln County, congratulations.

We are certainly excited that HOF Textiles continues to grow in Lincoln County. We are honored to have them here in Lincoln County and look forward to hearing more great things from this company. It is encouraging to hear jobs being added in light of our current economic situation.” Alex Patton, Chair Lincoln County Board of Commissioners.

About LEDA

Lincoln Economic Development Association is a private, 501c(3) non-profit corporation charged with facilitating industrial, office and commercial development in Lincoln and Lincoln County. LEDA’s mission is to foster an economic environment that promotes an increased tax base and enhances the standard of living by creating better jobs for the citizens of Lincolnton and Lincoln County. The organization’s goals include expanding existing business and industry, developing and encouraging investment by new business and industry and fostering cooperation between business, government, schools and the community.

For more information please contact:

HOF Textiles

Lothar Hackler

1968 Kawai Rd

Lincolnton, NC

704-732-3525