Corporate Press Release 07.03.16

Camso inaugurates best-in-class Vietnam solid tire manufacturing facility

Magog, QC, March 7, 2015 – Camso, formerly Camoplast Solideal, inaugurates its new manufacturing facility in Vietnam to gain leadership position in the Asian material handling market.

Camso covers all forklift niches having the most complete portfolio of products in the market. “This new facility is a commitment to being the best partner for our OEM and Aftermarket customers of the Asian market, and an investment to grow our leadership position in the material handling sector,” says Jean-François Ferland, Vice President and General Manager of Material Handling at Camso.

The 23,000 m2 facility was built in 14 months and comes equipped with best-in-class manufacturing technology. Based in the Vietnam Singapore Industrial Park in Tan Uyen Town, Binh Duong Province, this is an ideal location to diversify Camso’s manufacturing operations, and improve the company’s competitiveness. As the world’s 5th largest rubber producing country, Vietnam offers access to raw materials, competitive quality labour and a favourable industrial economic environment to conduct its operations.

Camso’s new facility in Vietnam completes the manufacturing footprint of the company with facilities in Argentina, Brazil, Canada, China, Hungary, Italy, South Korea, Sri Lanka and United States.

About Camso, formerly Camoplast Solideal

Camso, the Road Free company, is a world leader in the design, manufacturing, and distribution of off-road tires, wheels, rubber tracks and undercarriage systems to serve the material handling, construction, agricultural and powersports industries. It employs more than 7,500 dedicated employees that place 100% of their effort on 11% of the global tire and track market; the off-the-road market. It operates advanced R&D centres and manufacturing plants in North and South America, Europe and Asia. Camso is a supplier to leading original equipment manufacturers (OEM) and distributes its products in the replacement market through its global distribution network.