Reinhold Industries Purchases Samuel Bingham Company

22 March 2000

On March 9, 2000, Samuel Bingham Enterprises, Inc., a wholly-owned subsidiary of Reinhold Industries, Inc. purchased certain assets and assumed certain liabilities of Samuel Bingham Company for $15.5 million in cash. Samuel Bingham Company manufactures, sells and distributes products through 14 locations in the U.S. and Canada and employs a total workforce of approximately 250. Reinhold Industries, Inc. is a manufacturer of custom advanced composite components for the commercial aircraft seatback industry, the defense industry and other commercial industries.

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