Press Releases

Fabcon Hires Craig Wassenaar as Chief Financial Officer

FOR IMMEDIATE RELEASE -- August 6, 2008

Fabcon, a leading manufacturer of structural fabricated concrete wall panels, announced the appointment of Craig Wassenaar as chief financial officer.

Wassenaar brings extensive experience in accounting and finance in several industries including manufacturing, retail, consumer products and public accounting. Prior to joining Fabcon, Craig was engaged by Sun Capital - with responsibilities including finance, accounting, treasury, risk management, budgeting, strategic planning, information systems and legal.

"Craig has demonstrated an ability to drive positive results throughout his career, in both public and privately held companies and across a variety of industries," said Mike Le Jeune, president and CEO of Fabcon. "His experience, perspective and ability to get things done will pay big dividends for Fabcon as we position our company for the future. We are excited to welcome a person of Craig's caliber to our organization."

Wassenaar graduated from Western Michigan University with an accounting degree and is a Certified Public Accountant.

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