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2006-10-13 News Release

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Nordson exits fiber systems business

Nonwovens producer Nordson sells fiber systems group to a world market leader in textile machinery for yarn making, embroidery and nonwovens.

Nordson Corporation announces that it has sold its Fiber Systems Group to Saurer Ltd.'s business unit, Neumag, which offers a wide range of turnkey systems for the production of nonwovens. Terms of the purchase were not disclosed.

Find Information and Suppliers of nonwovens.

Based in Dawsonville, GA, the Fiber Systems Group manufactures systems used in the production of nonwoven fibers. Nordson acquired the business as part of its purchase of J & M Laboratories Inc. in 1998. With Nordson's meltblown technologies, Neumag strengthens its position in spunbond and composite structures by integrating the spunbond technology and adding stand alone meltblown solutions.

Saurer Textile Solutions is the world market leader for full-service solutions in textile machinery for yarn making, embroidery and nonwovens.

"Exiting the fiber systems business will allow Nordson to better concentrate our activities on our other businesses within the Adhesive Dispensing segment, increase investments that will enhance our ability to better serve our customers on a global level and continue to add value for our shareholders," said Edward P. Campbell, Nordson Corporation chairman and chief
executive officer.

Find information about Nordson Corporation.

Read a press release about - Finishing and Coating business segment restructuring and other actions by Nordson Corporation to stimulate overall financial growth.

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