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Hills Gains Chinese Partner

February 9, 2005

Hills, Inc., West Melbourne, FL, and Changyuan Elastan Machine Manufacturing Co., Ltd., Zhangjiagang City, China, have formed joint development in the field of meltspun spandex fiber extrusion equipment. Hills, a leader in multicomponent fiber extrusion technology, and Changyuan, an expert in manufacturing elastic filament equipment, will collectively design, develop, and manufacture machines for the synthetic fiber industry. The co-developed machines will be sold by Hills outside of China under the Hills/CY brand name. A Hills/CY machine will be available for demonstration at Changyuan later this year, according to executives.