Mfg Corporate Presentation October 2009 Nxpowerlite

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Molded Fiber Glass Companies Molding the future through focused diversity

Founded 1948

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Corporate History and Overview

• Family Owned since 1948

• 60 Years of Dedicated Composites Manufacturing • Senior Management Team with Over 500 Years of Composites Experience • 15 Entities in NAFTA • 2.0 Million Square Feet • 2,000 Teammates • Strong Balance Sheet

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History 1948 1952 1955 1956 1962 1979 1985 1994 1995 1997 1998 1999 2003 2005 2006 2007 2008 2008 2009 2009

Premier Molding – Ashtabula, OH Tray Company – Linesville, PA Union City – Union City, PA Research Company – Ashtabula, OH Construction Products – Union City, PA Composite Systems – Ashtabula, OH West – Adelanto, CA North Carolina – Morganton, NC Northwest – Stevenson, WA Texas – Gainesville, TX Water Treatment Products – Union City, PA Kansas – Independence, KS Galileo – Reno, NV Alabama – Opp, AL Design Center – Portland, OR Mexico – Monterrey Wind Energy Services – Sweetwater, TX South Dakota – Aberdeen, SD Wind Energy Services – Independence, KS Wind Energy Services - Worthington, MN

Growth History

Two Watershed Events

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1953 Corvette MFG began production of all the body panels for the Corvette. – Continuous Corvette supplier including the present C6 Model – Robert S. Morrison – Corvette Hall of Fame

1955 MFG Boat •

During a slow period in plant sales, MFG prototyped and built the first fiberglass boats on the market. When no other boat builder had faith in FRP, MFG started their own company.

1950s

1949 – Wonder bread trays

1954 – Chevrolet Corvette

1955 – FRP Boats

1960s

1961 – Truck Liners

1967 – Hoppers

1968 – Gamefisher Boats

1970s

1971 – Washington DC Subway

1976 – Costa Mesa

1977 – Outboard Motors

1980s

1982 – Bob Evans Fascia

1980s – New Holland

1980s – Kenworth

1990s

1990s – Weinermobile

1996 – MiraVista™ Shakes

1990s – Freightliner

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2000 and Beyond

2001 – 34.5m blade

2004 – Bridge Beams

2006 – Corvette Z06

2002 – Avalanche

2005 – Antennas

2006 – Nissan

2003 – Shipboard Radome

2005 – Personal Watercraft

2007 – MRAP

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MFG Business Segments Military Proprietary 5% 12%

• • Wind • 33%• • • • •

Auto 14%

OEM 16%

Proprietary Water Treatment Construction Military/Government Anti-Ballistics Communications Trays/Pans/Boxes Fume Hoods Flat Sheet

Truck 20% 10

Corporate wide Composites Expertise RAW MATERIALS • Matrix • Thermoset • DCPD (Metton) • Polyester • Vinylester • Epoxy • Phenolic • Thermoplastic • LFT

• Reinforcement • Glass fiber • Carbon fiber • Aramid

• Sandwich Core Materials

MANUFACTURING PROCESSES • Hand Layup • Sprayup • Robotic Gel Coating • Advanced Preform Process • Vacuum Infusion • Vacuum Bag Molding • Resin Transfer Molding Lite • SMC, LMC, CMC , BMC Compression Molding • In Mold Coating (IMC) • Bonding, Assembly and sequencing • Robotic Routing and Water Jet • Finishing • Paint Capabilities • Sandwich Core Composite Molding

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MFG Compression Molding  Hydraulic Press Capacity • CSC - 21 Presses

•75 to 3,000 Tons

• PMC - 22 Presses •113 to 1,500 Tons

• Tray - 24 Presses •113 to 750 Tons

• NC - 4 Presses •1,000 to 3,000 Tons

• Research - 3 presses •up to 2,000 Tons

• De Mexico - 2 presses

MFG Enabling Technologies  Automation / Robotics • Press Load/Unload • Preform • Resin Pour • Waterjet

Program Management Program Management per QS9000 / TS16949 • Core Team(s) assigned - dedicated Program Manager • Advanced Product Quality Planning (APQP) • Product Design and Development

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Participate in Design FMEA Feasibility Reviews and Documentation Flow Diagrams Process Design and Development – Control Plans, FMEA, Instructions and layouts

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Product and Process Validation – PPAP Project Timelines and review meetings Document Task Matrixes and responsibilities Interface with TMP to capture plant needs CATIA, Unigraphics and IGES Support

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MFG - Three Initiatives  Dedicated Corporate Champion & Staff  Management Educated in Lean and Six Sigma at All Entities  Green & Black Belt Certification Program

Lean Six Operational Excellence

Pioneer Technological Leadership Research & Development Materials  Processes  Applications Commercialization  Sales / Marketing Benefits  Operational Improvements

SENIOR LEADER MANAGERS (SLM)

SparkPlug Sales Growth & Diversity  Decentralized sales structure supporting the diversity of MFG  Identifies synergy among MFG Entities  Leverages Lean 6 / Pioneer activities to develop new products and markets

MFG TRAY Proprietary storage devices

MFG NC (North Carolina) Heavy Truck Focus

APP robotic Preforming Robotic resin dispense Compression molding SMC LCM In mold coating Robotic WaterJet trimming Robotic Adhesive Dispense Robotic Routering Part sequence control Interior trim

MFG de Mexico Transportation and Lighting

MFG CSC(Composite Systems Co.) QS 9000 Registered Freightliner Certified CFA Affiliated

Processes Robotic Preforming (APP) Robotic Resin Dispense SMC Compounding In Mold Coating Compression Molding SMC / LCM Robotic Water Jet Routering Prime and Topcoat Painting Bonding and Part Assembly

ISO 14001 Registered AIAG Affiliated

MFG UC (Union City) Heavy Truck and Custom Products

MFG WTP

Water Treatment Products

Processes –Open Molding –Robotic gel coating –Robotic water jet –Vacuum Infusion –Prime Painting –Bonding and Assembly

MFG CP (Construction Products) Concrete Forms Waffle Slab Forms Beam, Slab Forms, Long Forms Round Column Forms Custom Forms Special Shapes

MFG Galileo Radomes and Antennas

MFG West Wind Energy and Custom

MFG South Dakota Wind Energy

MFG Texas Wind Energy

Vacuum Infusion Resin Transfer Molding (RTM) Hand Layup Sprayup

MFG Alabama Wind Energy

MFG WES

Wind Energy Service

MFG WES

Wind Energy Service

Independence, KS

Worthington, MN

MFG WES

Wind Energy Service

Sweetwater, TX.

MFG Design Center The MFG Design Center provides various levels of design engineering support to MFG Entities and Customers.

MFG Research Certifications •A2LA •ISO/IEC 17025 •Freightliner •General Motors

Composite Testing •Mechanical Properties •Physical Properties •Bond Strengths •Paint Adhesion •Residual Styrene

Analytical •Gas Chromatograph •Burnouts •Surface Contamination

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Anti-Ballistic Panels

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Military

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Alternative Energy • Wind Energy

• Solar Energy

Infrastructure • Water Treatment

• Construction Waffle Slab Forms Beam, Slab Forms, Long Forms Round Column Forms Custom Forms Special Shapes

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Communications • Radomes

• Antennas

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Rail Transportation

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Features & Benefits of SMC Compression Molding • • •

Sheet Molding Compound (SMC)- a Molding Compound Consisting of a B-staged Resin and Chopped Glass Fiber, Used in Compression Molding. Utilizes coupled flow of chopped glass and resin resulting in consistent fiber content throughout the part. Pre-combined glass fibers flow easily for facilitation of more complex parts. Parts which could feature Ribs, Bosses, Molded in Studs.

Cutting and Bundling Charge

SMC Charge in Female Die

Mold Fully Closed- Material Flows and Fills Tool, Producing Part.

Hydraulic Press utilized in Compression Molding.

Molded SMC Shower Base

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SMC Production “Best-in-Class” Industry benchmarking MFG CSC Ashtabula OH MFG Premier Ashtabula OH MFG Linesville PA MFG Morganton NC CSP Conneaut OH IDI Noblesville IN Budd Van Wert OH Meridian Jackson OH

Supplier participation

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SMC Production “Best-in-Class” Processing upgrades Capacity expansion

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Some Applications in SMC • Fiberglass residential door skins • Residential shower, sink, bath components • Underground Transformer Boxes • Truck body components

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Features & Benefits of LCM Compression Molding “World leader” • • •

Liquid Composite Molding- a Closed Mold, Usually of Steel, Used to Form a Composite Under Heat and Pressure. Utilizes “Positive Placed Glass” pre-form resulting in greater control of fiber orientation. Allows design tailoring to give additional strength to specific areas of a part.

Screen created in part shape with perforated metal

Oven cures preform and is removed from screen

Binder and glass roving chopped to desired lengths and blown toward screen

Vacuum behind screen draws and disperses glass into part shape

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Features & Benefits of LCM Compression Molding “World leader” • • •

Lower molding pressure required than with SMC. Produces lower density part versus SMC given identical part thickness. Superior surface quality to SMC

Press applies pressure to push mix through glass and cure Resin and fillers combined on site to create mix

Mix applied to preform

Preform with mix and veil (if needed) are placed on mold

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Some Applications in LCM • Heavy Truck body panels • Automobile Rear Compartment • Safety Helmets • Transit Seating

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Secondary Assembly Operations • Value Add processes – – – –

Robotic Machining Water Jet Fabrication Drill fixtures Peening

– Bond of parts • Hand apply • Robotic bond

– Hardware addition

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Research and Development • Materials – Industry standard materials – Cutting edge developments – Weight reduction case studies • Process – Selection guidelines • Design education for engineers – DFMA

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Nanoclay SMC and LCM • • •

Developed a process to exfoliate nanoclay filler in SMC and LCM paste Conducted production scale compounding and molding trials Test results confirm the following benefits: - increased physical properties over standard SMC and LCM - specific gravity reduction by 20% without glass microspheres - enhanced pigmentation and appearance - enhanced rheological behavior, improved mold flow properties

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High-Temperature Resistant Laminate Epoxy based composites with Tg > 200 C ( 400 F ) Polyester based composite with Tg > 375 C ( 700 F ) Application is lead free solder pallet for the PCB market 65 – 70 % glass content = extremely high physical properties Close tolerance molding for flatness : 4 ft. X 8 ft. panel X 8 mm thickness molding held to +/- 0.010” flatness, final surface machining to a flatness of +/- 0.003” Comparison of Tan Delta Rochling, Norplex Micarta, & MFG Epoxy Materials 0.42 Roschling Tan Delta Sample 1 Cycle2

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Roschling Tan Delta Sample 2 Cycle2

0.38

WavMax 7000 Black

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Roschling Tan Delta Sample 3 Cycle2 WavMax 7000 Black Tan Delta Sample 1 Cycle 2

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WavMax 7000 Black Tan Delta Sample 2 Cycle 2

0.32

WAV 06 Tan Delta Sample 1 Cycle 2

0.3

WAV 06 Tan Delta Sample 2 Cycle 2

0.28

WAV 06 Tan Delta Sample 3 Cycle 2

Rochling Epoxy

MFG Non-Epoxy System

0.26 Tan Delta

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0.24 0.22 0.2

MFG Epoxy WAV 06

0.18 0.16 0.14

MFG Non-Epoxy

0.12 0.1 0.08 0.06 0.04 0.02 0 0

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90 105 120 135 150 165 180 195 210 225 240 255 270 285 300 315 330 345 360 375 390 405 420 Temperature Degree C

PP Honeycomb / Fiber Glass TP Skins •

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Developed a thermocompression process to fuse glass fiber reinforced polypropylene skins to a polypropylene honeycomb core Benefits include : - ultra-lightweight laminate ( specific gravity = 0.235 g/cc ) - high stiffness – to – weight ratio - high impact and damage resistance - impervious to water and other environmental contaminants Target market is the food handling industry

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UV Stable SMC • SMC formulations have been developed and tested that exhibit < 30% loss in 60 degree gloss and < 1.0 delta E color change after 1000 hours QUV bulb A exposure; goal of 2000 hours is achievable • Evaluating a black pigmented, low-profile, automotive SMC at 35 and 50% glass content that has demonstrated NO change in 60 degree gloss or appearance after 4000 hours of Xenon arc exposure and 4 years of south Florida and Arizona test site exposure

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Cored Phenolic Skin Laminates • Composites based on end grain balsa cores or syntactic foam with glass fiber reinforced phenolic skins • Composites based on phenolic resin impregnated Parabeam fiber glass • Defined benefits : - high stiffness – to – weight ratio - high resistance to fire environment ASTM E-162-02a flame spread < 5

- low smoke and toxicity ASTM E-662 optical smoke density < 40

• Target market is mass transit flooring

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Pigmented BC / CC IMC Development • Dual path development project with Sherwin-Williams and OMNOVA • Successful pigmented BC IMC trials conducted at MFG/NC on M2 Hood and Undercab Cover • Demonstrated successful pigmented BC IMC repair process • S-W Approach : BC IMC with CC hand pour applied • OMVONA Approach : BC IMC with CC IMC, initiated a 1 year process development project to define a robust process • MFG believes that IMC of BC and CC is feasible and only realistic approach to pigmented IMC

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Carbon Fiber Laminates • MFG continues to manufacture and mold standard density and low density CF molding compound for Corvette applications : - low density CFMC wheelhouse outer panel - standard density skins on balsa cores for the floorboards • Supply of CF is tight ; cost of CF is escalating • Seeking new sources of CF to assure supply and stabilize pricing • Investigating a new wet slurry process for the preparation of CF preforms for LCM molding based upon papermaking process

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Ballistic and Blast Resistant Laminates

Continuing development in high glass content ballistic resistant laminates for vehicle armoring, architectural uses, and blast resistant applications • Laminates capable of meeting UL 752 Level 3 ballistic performance have been demonstrated at 0.50” thickness and 5.0 lbs/ft2 areal density • As a component of a complex, multi-material armoring system, structure has demonstrated the ability to contain multiple hits from a 50 caliber API round at 2750 ft/sec velocity • Producing a blast mitigating footware device for defeating the harmful personal effects of land mine detonations

MFG West Coast Design Center Value by Design…

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The MFG Design Center based in Portland, Oregon provides various levels of design engineering support to MFG Entities and Customers. Design Drives Process! Process Drives Cost! Optimization of Design and Process Through DFMA Delivers Higher Quality Products and Reduces Overall Investment!

CATIA V4 & V5 Cad Systems (Advanced Solid/Surface Design & Detail) Data Conversion for IGS, STP, DXF etc..  Online Web-Design reviews (Go-To-Meeting)  Reverse Engineering Projects DFMA (Design for Manufacture and Assembly)

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MFG-DFMA SMC/LCM Design Buy-Off (Design features that require DFMA optimization)  Die-Pull Studies, Block Studies

 Draft Angles

 Bond Gaps, Stops & Overlaps

 Over Sized Routed-Out Openings

 Holes & Slots- Molded, Drilled

 Molded-In Features

 Mold Scribes (Advantages)  Ribs, Bosses & Inserts  Material Thickness &Transitions  GD&T and Process Capability  Tooling Impact (Engineering Changes)

 Shear-Edge Design  Minimum Radii  Part Nestability for Shipping  Check Fixture Requirements

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MFG Research Established 1956

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40 Testing Accreditations • Mechanical, physical, environmental, flammability, electrical and chemical properties • Thermal analysis • FTIR (Fourier TransForm Infrared Spectrometer) • Dielectric analysis • Optical microscopy • In-house, professional engineers

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MFG Research •

A 60-year Track Record of Breakthrough R&D and Problem Solving At MFG, technology improvement is an integral part of our business model. MFG Research is the largest and best-equipped laboratory in the composite processing industry. It's purpose is to provide MFG entities with accurate, fast-response technical and laboratory support. This dedicated resource enables MFG to help customers improve their products by leveraging the intrinsic characteristics of molded fiber glass technology to improve performance, appearance, durability, electrical and/or mechanical properties, development time cycle, as well as cost.

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The close working relationship between MFG Research and the MFG entities has resulted in the development of many advanced material formulations and processes, including our Automated Preform Process (APP) that elevates preform technology into a new level of process superiority.

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MFG Research is certified via A2LA as an accredited laboratory per ISO/IEC 17025, which includes 40 testing accreditations.

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MFG Business Segments T ru c k 21%

P ro p rie ta ry 13%

o OEM 17%

W in d 34%

Markets • • • • • • • • • • • • • • • • • •

Electrical Business Machines Agriculture Seating Water Treatment Construction Lighting Wind Energy Rail Truck Specialty Automotive Aerospace Military/Government Marine Recreation Communications Residential Trays/Pans/Boxes 48