(April 15, 2010)

PRESS RELEASE 

Gordon Wright, founder of 21^st Century Plastics Corporation, announced today the Potterville, Michigan plastic injection molder has been sold to an Employee Stock Ownership Plan (ESOP). The selling shareholders have provided long term financing to facilitate the transaction. Wright, 67, also announced his retirement from active participation in the Company, assuming the title of Chairman. Management of the $12 million (sales) company transitions to a trio of experienced 21^st insiders. Greg Dobie moves from Vice President to President, Craig Wright from Engineering Manager to Vice President, and Kate Nowicki from Accountant to Controller. Wright said “This is a winning transaction for everyone, and keeps all stakeholders intact and working together toward the continuing success of 21^st Century Plastics Corporation.” 

 21^st Century serves other manufacturers by providing quality plastic parts for use in their products. The TS/ISO registered Company is focused on providing engineered plastic molding solutions for office furniture, cinema, auditorium, and stadium seating applications. Venues utilizing 21^st seating components include Yankee Stadium, Lucas Oil Stadium, Spartan Stadium, and Michigan Stadium, among many others. Currently seventy five people are employed in a modern 70,000 square foot plant built in 2005, housing sixteen molding machines of up to 1,000 tons clamping force, with shot capacities of up to 240 ounces.

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