2007'02.11.Sun
Polymer Group, Inc. Opens New Medical Fabrics Plant in Suzhou

October 05, 2006

Latest Expansion Makes PGI the Largest Spunmelt Producer in China CHARLOTTE, N.C., Oct. 5 /Xinhua-PRNewswire/ -- Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) today announced the opening of its newest manufacturing facility located in Suzhou, making the company China's largest producer of spunmelt fabrics and the country's only vertically integrated producer of medical fabrics. The new plant houses a state-of-the-art, multi-beam Reifenhauser spunmelt line and a world-class finishing line to primarily serve the medical, industrial protective apparel and hygiene markets. Constructed as scheduled, the new lines are up and running providing customers with treated fabrics produced in a pristine environment that meet the highest quality standards. Located in the China-Singapore Suzhou Industrial Park near Shanghai, the site also is the company's Asian headquarters and brings administrative, leadership, finance, information technology, sales and marketing, and administrative support for the region under one roof. The location has 145 employees. "As more of our customers move to this growing area, we are committed to delivering the highest quality product from this new state-of-the-art facility," said Jay Cheng, Vice President and General Manager, PGI Asia. "The strategic location and combination of our manufacturing and back office functions at the same location will enable us to better serve our customers in this region. We would like to thank the members of the Suzhou Industrial Park Administration Committee (SIPAC) for their support in making this a successful venture for PGI." The new spunmelt line is now capable of producing ultra high-performance medical barrier fabrics, including PGI's MediSoft(TM) products. The finishing line in the new plant also enhances the company's ability to offer high-quality medical spunlace fabrics like Provia(TM) fabrics using proprietary processes and advanced treating systems. "We continue to see strong demand for medical fabrics in Asia, especially for those that provide high barrier protection combined with softness," said Fernando Marin, Senior Director of PGI's medical business unit. "As the only vertically integrated producer of medical fabrics, we can better meet the needs of our customers in this region and deliver the highest quality, value-added fabrics." PGI will hold ceremonies to officially open the new facility in early November with elected officials and customers in attendance. Polymer Group, Inc., one of the world's leading producers of nonwovens, is a global, technology-driven developer, producer and marketer of engineered materials. With the broadest range of process technologies in the nonwovens industry, PGI is a global supplier to leading consumer and industrial product manufacturers. The company operates 22 manufacturing facilities in 10 countries throughout the world. Safe Harbor Statement Except for historical information contained herein, the matters set forth in this press release are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements speak only as of the date of this release. Important factors that could cause actual results to differ materially from those discussed in such forward-looking statements include: general economic factors including, but not limited to, changes in interest rates, foreign currency translation rates, consumer confidence, trends in disposable income, changes in consumer demand for goods produced, and cyclical or other downturns; substantial debt levels and potential inability to maintain sufficient liquidity to finance the company's operations and make necessary capital expenditures; inability to meet existing debt covenants; information and technological advances; changes in environmental laws and regulations; cost and availability of raw materials, labor and natural and other resources and the inability to pass raw material cost increases along to customers; domestic and foreign competition; reliance on major customers and suppliers; risks related to operations in foreign jurisdictions; and delays or difficulties in finding a suitable new chief executive officer. Investors and other readers are directed to consider the risks and uncertainties discussed in documents filed by Polymer Group, Inc. with the Securities and Exchange Commission, including the company's 2005 Annual Report on Form 10-K. For further information, please contact: Dennis Norman Vice President - Strategic Planning & Communication (704) 697-5186 normand@pginw.com SOURCE Polymer Group, Inc.
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