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Radiac Abrasives Expands Customer Base and Product Line by Acquiring Bates Abrasives

May 29th, 2007

Salem, IL

Radiac Abrasives announced today the acquisition of Burlington, WA based Bates Abrasives, Inc. Bates Abrasives, a full line, resin bonded cut-off and grinding wheel manufacturer since 1975 will continue to be run by previous owner and CEO, Paul Anderson. The company employs 55 people at the Burlington facility.

The company will retain the Bates Abrasives brand name with rough grinding target markets including forestry, natural stone, steel mills, foundries and metal fabrication. In addition to cut-off and grinding wheels, the company manufactures and markets a full line of made in U.S.A. organic surface grinding segments, cylinders, nut-inserted disc wheels, flaring cups and cones and plugs.

“The synergies between Radiac and Bates for innovative products, unsurpassed customer service and industry-best deliveries made for a natural partnership between the two companies,” said Dave Pryor, President & CEO of Radiac Abrasives. In keeping with the philosophy of Radiac’s ownership, the company continues to build on its vision of supplying high quality, high value abrasive products to its customers and continued growth through new products and add-on acquisitions. Radiac is the second largest manufacturer of bonded abrasive and superabrasive grinding wheels in the United States.

About Radiac Abrasives:

Radiac Abrasives is a leading manufacturer of bonded abrasive and superabrasive grinding wheels. Radiac and its predecessor companies have been manufacturing abrasives for over 115 years, providing a full line of custom grinding product to over 20,000 customers across various industrial markets including aerospace, oil and gas, primary metals and automotive. Radiac is headquartered in Salem, IL and, in addition to the Bates facility in Burlington, WA, operates manufacturing facilities in Salem, Oswego, IL, Marysville, WA and Tijuana, Mexico. More information is available at www.radiac.com.

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