Market Overview

Industry Veteran Jon Cohen Joins George Industries as President


George Industries LLC ("George"), a leading manufacturer of engineered
aerospace, defense and industrial components and a portfolio company of
Orangewood Partners ("Orangewood"), today announced it has named Jon
Cohen, an industry veteran with more than 35 years of experience across
the aerospace, defense and industrial sectors, as President. In this new
role, Mr. Cohen will be responsible for all operations, including
manufacturing sites in Endicott, NY and Wheeling, IL, and finance.

Shankar Kiru, George's Chief Executive Officer, will focus on leading
strategy, business development and external partnership relationships to
accelerate both organic and acquisition growth.

Mr. Kiru said, "I'm delighted to be working with Jon and couldn't be
more excited about what we can accomplish together. Jon brings
significant operational expertise, a proven track record of building
businesses and will help us further improve our execution to continue to
meet or exceed the expectations of our customers."

Mr. Cohen added, "I am a product of this industry and passionate about
what we are doing at George Industries, serving a blue chip customer
base. I am excited about the company's potential and look forward to
continuing to develop our team and accelerate our growth."

Alan Goldfarb, Founder and Managing Partner of Orangewood and Director
of George Industries, said, "I've known and worked with both Shankar and
Jon for over a decade, and I'm confident their complementary strengths
will make a tremendous impact as we work to grow our enterprise further."

Throughout his career, Mr. Cohen has held senior leadership and
operational roles across several large companies, including Lockheed
Martin, and several private equity-owned and operated companies
including businesses recently owned by The Carlyle Group.


George Industries is a recognized leader in the development, manufacture
and testing of mission critical engineered components for the aerospace,
defense, transportation and industrial sectors. Core manufacturing
capabilities include dip brazing, vacuum brazing, CNC machining,
fabricating, welding, painting, artwork, photography, silk screening,
chem film, laser cutting and mechanical assembly. George Industries was
founded in 1954 and proudly remains headquartered in Endicott, NY.
George Industries also owns Numerical Precision, based in Wheeling, IL,
highly respected over fifty years, with manufacturing close-tolerance,
high-reliability components for satellites, aircraft and defense
programs. Core engineering and machining capabilities include extreme
tolerance, complex geometry and exotic material machining, EDM and
assembly. For more information, please visit WWW.GEORGEINDUSTRIES.COM


Orangewood Partners ("Orangewood") is a New York-based private
investment firm that pursues a long-term approach and invests in
companies with great management teams and sustainable growth
characteristics. The firm seeks to partner with businesses in the
consumer, services and industrial sectors and helps provide them the
additional capital, resources, and operational capabilities to
accelerate performance. Orangewood makes equity and credit investments
in both public and private companies. For more information, please visit WWW.ORANGEWOODPARTNERS.COM

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