ForImmediateReleaseApril15,2011   TURBOCOATINGCORP.USAANNOUNCES110NEWJOBS AND$15,000,000ININVESTMENTINHICKORY  HICKORY–TurbocoatingCorp.USA,aEuropeanmarketleaderincoatingsforthegasturbineindustry, haschosentolocatetheirfirstUSoperationinHickory,CatawbaCounty.Thecompanywilllocatea manufacturingoperationintheCatawbaIndustrialCommonsinHickory,creating110newjobswithan annualaveragewageofover$50,000andinvesting$15millionoverthenext5years.ThisHickory manufacturingfacilitywillprovidespecializedservicesforpartsusedinthegasturbineengines producedbySiemens,GE,AlstomandRollsRoyce.ThelocationofTurbocoatinginHickoryfurther reinforcestheCharlotteregionasanenergyhub.  TurbocoatingCorp.USAplansa10yearleaseof60,000squarefeetintheCatawbaIndustrial Commons.Turbocoatingwillinvest$15millioninbuildingupfitandequipment.Whilethesalarieswill varyfrompositiontoposition,the110newjobstobecreatedwillhaveanaveragesalaryofover $50,000ayear,excludingthebenefitspackage.  Theannouncementwasmadepossible,inpart,bya$110,000grantfromtheOneNorthCarolinaFund. Localincentiveswillbebasedonjobcreationandinvestmentperformancestandardsandwillbe consideredinpublicsessionatalaterdate.  Turbocoating,asubsidiaryofTurbocoatingS.p.A.,isheadquarteredinParmaItalyandmanufactures aftermachiningprocessessuchasthermalbarriercoatings,laserdrillingandbrazingforcomponents usedinindustrialgasturbines.TurbocoatingispartofUnitedCoatingsGroupincludingsectorfocused independentcompaniesthatprovideservicesforturbineenginesandbiomedicalcoatingsaswellas manufacturecoatingequipment.Duringtheir35yearsinthecoatingindustry,theyhaveevolvedinto highprocessautomation.  “Turbocoatingisacompanythatisabletoofferourcustomersacompletesolution,”saidNelso Antolotti,PresidentofTurbocoating.“Weareabletooffermachinesthatapplycoatingsbyoursister companyArtec,ortoprovidecoating,laserdrillingandbrazingservicesfortheirproducts.Weare proudtobecomepartofsuchanengineeringandmanufacturingfocusedcommunityandworkforce. WearelookingforwardtoworkingwiththepeopleofCatawbaCountyandHickory.”  “Weareexcitedaboutthe110jobsandthenewinvestmentTurbocoatingwillcreate,”saidKitty Barnes,ChairoftheCatawbaCountyCommissioners."Turbocoating’shighlyautomatedprocesswill

offeradiversifiedmanufacturingopportunityforourworkersandfurtherourenergysectortieinto Charlotte.”  “Todayweaddanotheradvancedmanufacturertoourlonglistofinternationalindustries,” commentedHickoryMayorRudyWright.“TurbocoatingisanindustryleaderinEuropeandwelook forwardtotheirinvestmentintheareaandthembecomingacommunityleaderhereinHickory.”  “We’vebeenworkingwithTurbocoatingforalmostayearastheyscoutedNC,SCandmultiple locationsfortheirfirstUSoperation,”JuliePruett,DirectorofRecruitmentfortheCatawbaCounty EconomicDevelopmentCorporation,saidregardingtheannouncement.“Ascommunitiesacrossthe USincreasinglyattempttoattractenergycompanies,thelocationofTurbocoatingprovesthat CatawbaCountyiswellpositionedtodowhatwedobestfortheenergysector,manufacturing.”  HiringwillbegininMay2011.ToapplyforemploymentpleasecontacttheCatawbaCountyofficeof theNCEmploymentSecurityCommission,8284665535,locatedat3301Hwy70SE,Newton,NC, 28658.  FormoreinformationaboutTurbocoatingandUnitedCoatingsGroup,goto: http://www.turbocoating.com/andwww.unitedcoatingsgroup.com.     ###    Formoreinformationcontact: JuliePruett,DirectorofBusinessRecruitment CatawbaCountyEconomicDevelopmentCorporation 8282671564

For Immediate Release April 15, 2011 TURBOCOATING CORP. USA ...

Apr 15, 2011 - “Turbocoating is a company that is able to offer our customers a complete ... “We are able to offer machines that apply coatings by our sister.

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