What's New - Clover Industries - Custom & Complex Cylinder Specialists

For Immediate Release

May 22, 2008

Clover Industries Inc. to Offer Gasoline Benefit to Employees

Effective May 26, 2008, Clover Industries, Inc. employees will receive a gasoline benefit designed to ease the negative impact of rising gasoline prices on disposable income.

Announced today in a letter to employees, Clover’s president, Mike Priebe said, “I’m concerned about the financial impact the rising price of gasoline is having on all Clover workers and their families. As a result, Clover will be implementing a new Company gas benefit program that will help address the rising price of gasoline. Hopefully this new program will help ease some of the financial costs of commuting to and from work.”

All full time employees will be eligible for reimbursement of approximately 35% of their gasoline costs based on applicable standards for the number of miles to and from their primary residence. The creative benefit was designed to be attractive to existing employees as well as new potential employees. All new full time employees will be eligible for the benefit.

Clover Industries, Inc. is a Wausau-based manufacturer specializing in custom designed cylinder systems for various applications in industries ranging from the military to the oil and gas industry.

For more information please contact Clover’s Human Resources Manager, Mary Hartwig-Barkow at 715-843-5980, extension 123.

FOR IMMEDIATE RELEASE
Thursday, September 28, 2006

DEFENSE BILL INCLUDES $3.8 Million for development of clover Industries products for the U.S. Army

WASHINGTON, D.C. – U.S. Senator Herb Kohl (D-WI) and Seventh District Congressman Dave Obey (D-WI) announced today that the FY2007 Defense Appropriations Bill, which was given final approval by Congress this week, includes $3.8 million to help the U.S. Army acquire two new products they have requested from Wausau based Clover Industries. Obey, the senior Democrat on the House Appropriations Committee, and Kohl, who serves on the Senate Appropriations Committee, identified those products as a priority for funding.

“Wisconsin is home to some solid defense research and development, and this project is an example of how it contributes to a more efficient, more adaptable military. The Department of Defense is increasingly taking notice of the innovative work happening in our state,” Kohl said.

“From designing new shelters for the Army to producing key components for military vehicles, Clover Industries has carved an important role for itself in supplying our military,” said Obey, the senior Democrat on the House Appropriations Committee. “Hopefully this funding will help make life a little easier for our troops and keep those good jobs here in the region.”

The bill includes:

•	$2.8 million for development of ruggedized hydraulic cylinders for flexible, expandable mobile shelter units for the Army. The new shelters are intended to be easier to put up and take down, have a longer useful life, and be easier to maintain in deserts and other harsh environments.

•	$1 million for the development of a new lightweight 10-meter antenna mast. The Army’s 10-meter antenna mast is used to elevate tactical communications systems high enough to ensure reliable radio communications. A light weight mast is needed to ease transportation and ensure quick deployment regardless of environment or transportation method.

Clover Industries employs 52 workers in Wisconsin, with 30 working full or part time on these projects.

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News from Congressman Dave Obey
Wisconsin’s 7th District

FOR IMMEDIATE RELEASE
Thursday, June 22, 2006

DEFENSE APPROPRIATIONS BILL INCLUDES MONEY FOR WAUSAU BASED CLOVER HYDRAULICS

WASHINGTON, DC – Seventh District Congressman Dave Obey (D-WI) announced today that the House has approved his request for $4.5 million in next year’s budget for the Department of Defense to help the U.S. Army acquire two new products they have requested from Wausau based Clover Hydraulics.

“From designing new shelters for the Army to producing key components for military vehicles, Clover Hydraulics has carved an important role for itself in supplying our military,” said Obey, the senior Democrat on the house Appropriations Committee. “Hopefully this funding will help make life a little easier for our troops and keep those good jobs here in the region.”

The bill includes:

• $3.5 million to help Clover Hydraulics develop ruggedized hydraulic cylinders for flexible, expandable mobile shelter units for the Army. The new shelters are intended to be easier to put up and take down, have a longer useful life, and be easier to maintain in deserts and other harsh environments.

• $1 million for the development of a new lightweight 10-meter antenna mast by Clover Hydraulics. The Army’s 10-meter antenna mast is used to elevate tactical communications systems high enough to ensure reliable radio communications. A light weight mast is needed to ease transportation and ensure quick deployment regardless of environment or transportation method.

Obey noted that the bill also includes $4.5 million above the President’s request for the Air Force to purchase additional Halverson loaders needed for cargo handling. That funding will benefit Clover Hydraulics which produces parts for those loaders.

The bill was passed by the House this week and must still be approved by the Senate and signed by the President before it becomes law. However, Obey noted that having these projects included in the House approved version means that a major hurdle has been cleared.

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