Board Converting News, June 22, 2020

Baldwin Technology Acquires Western Quartz Products

St. Louis, Missouri based Baldwin Technology Company Inc. has announced the acquisition of certain assets of Western Quartz Products, a long-standing, global mar- ket leader in the ultraviolet curing and exposure industry. Known for manufacturing state-of-the-art UV curing lamps, as well as for having a reputation of exceptional quality cultivated through decades of serving a variety of indus- tries, Western Quartz is a true pioneer in the UV space. “We are excited to welcome Western Quartz, along with its customers, to our global UV technology arm and our broad portfolio of products that improve processes for printing, packaging and industrial markets,” said Joe Kline, CEO of Baldwin. “This acquisition further demonstrates Baldwin’s commitment to expanding our reach and tech- nology connection for the benefit of our customers, as we continue to grow our caring, collaborative, people-centric culture for team members.” Western Quartz began in 1931 in Hermosa Beach, Cali- fornia, and was one of the first producers of quartz lamps for medical purposes. Following decades of continued research and development, along with innovation spear- headed by founder John F. Dallons and his family, Western Quartz moved further into the UV curing industry and grew to become a preeminent supplier of UV curing and expo- sure lamps worldwide, with customers throughout the US, Europe and Asia. “Western Quartz enhances Baldwin’s capabilities in ad- ditive (doped) UV lamp production for industrial markets, providing an excellent complement to our existing UV and LED-UV technology portfolio within our AMS Spectral UV business and PRIMARC products,” said Rich Bennett, President of Baldwin’s AMS Spectral UV unit. “Through this acquisition, we will continue to manufacture the same great quality that Western Quartz customers are used to, and will harmonize operations, increase capacity and add more capabilities.” “We are proud to join the Baldwin family and to see our 89-year legacy of quality and innovation be preserved through this acquisition,” said Katy Wetterstrand, Direc- tor and CFO of Western Quartz. “It is an exciting time for UV technology to help improve manufacturing processes through new applications in sterilization and disinfection around the world. Through Baldwin, Western Quartz joins a sizeable organization with significant reach and resourc- es, and we look forward to continuing to expand our ser- vices and capabilities for our customers and the industry.” Baldwin Technology Company Inc. is a global manufac- turer and supplier of process-automation equipment, parts, service and consumables for the printing, packaging and corrugated industries. As a total solutions provider, Bald- win offers our customers a broad range of market-leading technologies, with a focus on improving the economic and environmental efficiency of production processes.

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June 22, 2020

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