PRESS RELEASE

VICTOR FORSTMANN, INC.

MARCH 1, 2007

 

 

FOR IMMEDIATE RELEASE:

 

VICTOR FORSTMANN, INC. ANNOUNCES PLANT CLOSING

 

 

          RICHARD DUVAL, PRESIDENT OF VICTOR FORSTMANN, INC. ANNOUNCED TODAY, MARCH 1, 2007, PLANS TO CLOSE ITS MANUFACTURING FACILITY LOCATED IN EAST DUBLIN, GA.  BY THE END OF APRIL 2007.  THIS PLANT CLOSING WILL AFFECT 124 EMPLOYEES.  THEY WERE ALL NOTIFIED TODAY.

 

          THE NEWS IS UNFORTUNATE FOR EVERYONE INVOLVED.  WE ARE DEEPLY SADDENED FOR THE EMPLOYEES AND THIS COMMUNITY.  WE HAVE A GOOD GROUP OF EMPLOYEES.  THESE EMPLOYEES HAVE DONE AN OUTSTANDING JOB FOR US.  WE REGRET THAT THE CHANGING MARKET DEMANDS CAUSES US TO TAKE THIS STEP.

 

          WE WILL DO EVERYTHING POSSIBLE TO ASSIST THESE EMPLOYEES DURING THIS TRANSITION.

 

 

 

 

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RICHARD DUVAL

PRESIDENT, VICTOR FORSTMANN, INC.