Terre Haute Economic Development Corporation | Terre Haute, Indiana

Terre Haute Economic Development Corporation

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February 17, 2005
FOR IMMEDIATE RELEASE:

AET Distribution Center Job Creation and Clabber Girl Corporation Expansion

Terre Haute, IN.-Applied Extrusion Technologies, Inc. (AET) announced today that the company has moved its distribution center to Terre Haute from Indianapolis, Indiana. The move, which is nearly complete, commenced February 1, 2005.

AET's Distribution Center will be located in a 197,800 square-foot facility owned by Radley, L.P. The building is located on Brown Avenue at Terre Haute in the Jadcore-Phase I Economic Development Area. ìIt's a logical move to bring the AET Distribution Center back to Terre Haute,î says Rick Gordon, Manufacturing Services Manager. ìFreight savings to shuttle product to the Terre Haute Distribution Center as compared to trucking it to Indy will be quite notable.î

The relocation of its distribution center creates twenty new jobs for the Terre Haute area. ìThese twenty jobs bring nearly $ 500,000 in base-income into the community,î says Gordon. ìWe've contracted with Morris Trucking of Terre Haute to shuttle our product from the manufacturing plant to the new warehouse, thus adding a few more jobs to the mix. And AET's access to other local trucking firms like ICON, RBW and Custom Global for outbound freight also played into the relocation decision process.î

AET is North America's leading developer and only independent global supplier dedicated solely to manufacturing of oriented polypropylene (OPP) films. OPP films have a variety of uses, from labels for bottles and cans, packaging for confectionery and snack foods, pet foods and condiments, to holographic films for gift-wrap and promotional packages and specialty-designed barrier films used to extend the shelf life of snack-foods, cheeses, meats, and fresh produce. AET operates three production facilities, Terre Haute; Covington, Virginia; and Varennes, Quebec Canada. The Terre Haute plant, opened in 1968, is the largest facility with 550 employees.

The Jadcore-Phase I Economic Development Area is also gaining a new tenant in the form of Clabber Girl Corporation. Clabber Girl recently agreed to lease 100,000 square-foot of space from Radlee

re Haute will be used for additional warehousing and distribution space. ìRecent growth in Clabber Girls product lines directed our need for more space, it's a perfect location,î says Gary Morris, President at Clabber Girl Corporation. ìIt meets and exceeds standards set by the American Institute of Baking (AIB). The AIB is well recognized in the food trade industry and Clabber Girl is AIB certified for raw and finished products. And from the expansion four new jobs have been created.î

Kevin Burke, mayor of Terre Haute says, ìWe are excited about AET's decision to relocate its Distribution Center in Terre Haute. It gives us the opportunity to prove that this is the community to locate a business to if you want to make a profit.î Burke continues saying, ìClabber Girl Corporation is a positive reflection on Terre Haute, we're fortunate to have Clabber Girl and AET as members of the Terre Haute business community.î

In addition to Real Property Tax Abatement, the City of Terre Haute has assisted with
infrastructure development in the Jadcore-Phase I Economic Development Area
through construction of infrastructure that was funded through Tax Increment Finance (TIF) bonds issued in 2004.

Media Contact: Lisa Johnson, Terre Haute Economic Development Corporation at
812.234.2524 or HYPERLINK "mailto:ljohnson@terrehauteedc.com" ljohnson@terrehauteedc.com; Rick Gordon, AET
Films at 812.460.5604; Gary Morris, Clabber Girl Baking Powder
at 812.232.9946; David Doti, Jadcore Inc, 812.234.2724.

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