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The Composites Group Strengthens Senior Management

Hector Diaz-Stringel Dwight Morgan Marc Imbrogno

Highland Heights, Ohio – August 14, 2013 – The Composites Group, a leading supplier of thermoset composite solutions, has realigned its senior management organization, announced President and Chief Executive Officer Terry Morgan.

Hector Diaz-Stringel has been promoted to vice president of manufacturing operations, and Dwight Morgan recently joined the company as vice president of sales and marketing. In addition, company veteran Marc Imbrogno was promoted to the newly created position of corporate director, market/product development.

"Realigning the management structure was essential to realizing the potential of the three business units we've assembled to form The Composites Group," said Terry Morgan. The Composites Group was created in 2010 through the combination of Premix Inc., Hadlock Plastics and Quantum Composites. "We now can provide a wide range of composites solutions, from a superior portfolio of compounds to a breadth of molding technologies and complemented by integrated secondary and finishing capabilities," Morgan added.

A native of Mexico, Diaz-Stringel has spent most of his career in the chemicals industry, serving in a progression of engineering, sales and marketing, and operational roles that led to his appointment as president and general manager of Rhein Chemie Corporation, a subsidiary of Lanxess Corporation, Pittsburgh, Pa. He left Rhein Chemie in 2011 to become vice president of sales and marketing for Chemical Associates, Inc., Copley, Ohio. He joined The Composites Group as corporate director of manufacturing operations in 2012. Diaz-Stringel holds a degree in chemical engineering and management from the Monterrey Institute of Technology and Higher Education, Monterrey, Mexico, and a master's degree in business administration from Kent State University, Ohio.

Dwight Morgan began his career in plastics with M. A. Hanna Company, a predecessor to PolyOne Corporation, where he held a succession of corporate development and general management roles. In 1998, he left Hanna to form Accel Color Corporation, a producer of custom formulated color and additive systems that grew to four facilities and $20 million in annual revenue. When Accel Color was sold to Techmer PM LLC in 2008, Morgan continued to run the company as a wholly owned subsidiary and a member of Techmer's senior management team. Morgan holds a bachelor's degree from Kent State University's School of Journalism, Kent, Ohio, and a juris doctorate degree from the University of Akron School of Law in Ohio, where he is a member of the bar.

Imbrogno has been employed with Premix for more than 14 years, during which time he has held various commercial positions, including account management, market management, sales management and business development. He began his career as a research & development chemist at Glastic Corporation. He subsequently joined chemical giant BASF, where he held polymer product development and business development positions. He holds a bachelor of science degree in Chemistry from the University of Akron, Ohio. In this new position, Imbrogno will help align the company's research and development efforts with market opportunities.

Premix Safety Award

25% reduction in incident rate per OSHA 300 record.

North Kingsville, Ohio – May 1, 2013 – Premix was awarded for its effort in preventing accidents and injuries in the workplace by the Ohio Bureau of Workers' Compensation through the Ashtabula County Safety Council. This award is a comparison of 2011 and 2012 safety records. Premix accomplished a 25% reduction in incidents.

COMPOSITES 2013 Salutes The ACE Award Winners

February 3, 2013 – The winners of the Awards for Composites Excellence (ACE), which recognizes outstanding achievement and innovation in technology, manufacturing and product development, were announced during the COMPOSITES 2013 Awards Luncheon, sponsored by United Initiators.

The Innovation in Green Composites Design Award, for exemplifying innovations that minimize the environmental footprint of a product, was presented to The Composites Group of North Kingsville, Ohio for its Low Density Commercial Truck Inner Fender. The low density inner fender (and its mirror image) combine with a suite of four (4) other thermoset compression molded components which together deliver a 70 lb mass reduction benefit vs. the incumbent design (sheet metal fabrication). The mass savings translate into significant fuel savings opportunity over the life of the box truck, particularly in large fleets.