Board Converting News, July 17, 2023

EAM-Mosca Announces (CONT’D FROM PAGE 3)

Core Competency

My administration will continue to aggressively compete for manufacturing projects like this one and make Pennsyl- vania an economic powerhouse.” Christian Wiethuechter, President and Chief Executive Officer at EAM-Mosca, said, “Part of the reason we were selected by the Governor’s Action Team is that these are higher technology jobs. There’s a true understanding of client needs and a lot of engineering rigor on the mechani- cal and electrical side to produce a highly automated solu- tion that meets an unmet need no one else has been able to satisfy, and that’s what’s made us successful.” Upon completion, the facility will be known as the Headquarters for the Americas, serving clients across Lat- in America, Mexico, the United States, and Canada. Jan Wessel, Executive Vice President and Chief Financial Offi- cer at EAM-Mosca, said, “This is the largest step taken in our growth trajectory, and we see it not as an isolated in- vestment but as the continued evolution of our company.” The planned aggregate investment of $20.6 million will include the expansion and renovation of headquarter fa- cilities and product portfolio expansions, including Reiso- pack strapping machines and Movitec stretch wrappers. It will also integrate new automation and digitization tech- nologies and community-focused initiatives to fuel compa- ny pipelines with a new generation of talent.

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CONTINUED ON PAGE 6

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July 17, 2023

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