Press Releases

FABCON CELEBRATES 35 YEARS IN PRECAST MANUFACTURING

FOR IMMEDIATE RELEASE -- April 13, 2006

SAVAGE, Minn., April 13, 2006 ? Fabcon, the leading precast concrete panel manufacturer, celebrates its 35th anniversary in 2006 as the technological leader in precast concrete manufacturing. From its start with a single concrete manufacturing facility in 1971, to a four-plant company that today produces more than 16 million square feet of concrete product annually for customers in North America, Fabcon helps companies construct attractive and energy-efficient facilities quickly and cost-effectively.

Unsatisfied with local precast producers, David Hanson, a former Spancrete executive, and Gerald Rauenhorst, founder and president of Opus Corporation, established Fabcon with a plant in Savage, Minn., as one of the original companies to brand a prestressed hollow-core wall panel. To this day, Fabcon continues to cast concrete panels using its original innovative process of pouring panels on moving beds with stationary equipment. This unique process allows Fabcon to precast customized panels in a quality-controlled environment and provides maximum production flexibility, allowing the company to satisfy national customers such as Home Depot, Lowe's, Target and Wal-Mart.

Discriminating construction customers especially value Fabcon's technological innovations gained through decades of experience. For instance, Fabcon revolutionized the structure and capabilities of precast wall panels by adding insulating foam within the panels. Today, VersaCore? and VersaCore Plus? help improve heating and cooling efficiencies up to 30 percent and remove limitations on specifying door and window openings.

"Our mission is to constantly increase efficiencies and improve the quality of our precast wall panels," said Mike Le Jeune, president and CEO, Fabcon. "For example, through our technological investments, we've lightened our panels from 65 pounds per square foot to 50 pounds per square foot, without any decrease in strength or stability."

Under Le Jeune's leadership, Fabcon has more than doubled its construction capacity over the past decade. In 1995, the company acquired

Company Background
Fabcon, an ISO 9001 registered manufacturer, which produces and installs precast concrete panels throughout the Midwest and Eastern United States and Canada, operates production facilities in Indiana, Minnesota, Ohio and Pennsylvania. The company has completed more than 8,000 precast projects and is celebrating 35 years as a leader in the precast concrete business. Since 1971, Fabcon has manufactured, delivered and installed precast wall panels for virtually every type of structure. Fabcon's experience helping customers accomplish their building goals includes 10,000 square-foot retail stores, million-square-foot distribution centers, and 16-story housing facilities. Visit www.fabcon-usa.com for more information.

For Further Information
Scott Jenkins:
952-882-7206; scott.jenkins@fabcon-usa.com
Madeline Riggs:
612-455-1755;
mriggs@psbpr.com