FOR IMMEDIATE RELEASE
March 23, 2001

Lila White
www.thedigitaldominion.com
(804) 692-3110


Pat Reilly
Carlisle Motion Control Industries
(540) 891-7141
Jill Lawrence
VEDP
(804) 371-0049
Carlise Motion Control to Invest $15 Millon
-Governor Gilmore announces 110 new jobs in Mecklenburg County -


RICHMOND - Governor Jim Gilmore today announced that Carlisle Motion Control intends to open a new friction material manufacturing facility in the Town of South Hill. This new facility will work closely with Carlisle’s high-volume friction plant in Fredericksburg and its research and development complex in Charlottesville. The new facility, scheduled to open in late 2001, will employ 110 people. Carlisle will invest $15 million in this project.

“I am pleased that Carlisle Motion Control has decided to locate another facility in the Commonwealth,” said Governor Gilmore. “The fact that Carlisle is opening a third facility here is a testament to the pro-business environment and quality workforce available in all regions of Virginia.”

Governor Gilmore approved a $300,000 grant from the Governor’s Opportunity Fund to assist Mecklenburg County with site preparation. The Virginia Economic Development Partnership, the Lake Country Marketing Council, Mecklenburg County and the Town of South Hill assisted Carlisle Motion Control with its decision. The company is eligible for further tax credits because it is locating in an enterprise zone.

Carlisle Motion Control Industries is a diversified manufacturer of products serving construction materials, industrial components, automotive components and general industry markets. Carlisle has been a QS 9000/ISO 9001 certified company since 1997. The company manufactures and markets heavy duty, asbestos-free brake linings for vehicles in class sizes six through eight, spring brakes and Altec™ remanufactured brake shoes.

“We are very happy to be opening another facility in Virginia,” said Carlisle Motion Control President Tom Hogan. “Virginia was chosen as the best alternative for many reasons, including the support of the state and local governments in the project, as well as our positive experiences at our facilities in Virginia. The workforce has proven to be highly productive and supportive of our continuous improvement efforts.”

“Carlisle offers a wonderful opportunity to help further diversify the economy of South Hill and Southern Virginia,” said Secretary of Commerce and Trade Barry E. DuVal. “The company will also benefit from Virginia’s highly productive workforce.”

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

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