CORPORATE RESPONSIBILTY

Hydapac Casting is committed to operating its business with the highest standards or corporate responsibility. We operate within a framework of principles, guidelines, and policies aligned with our ethical, social, and environmental responsibilities. We believe that this is critical for protecting, managing, and enhancing our brand and reputation. We also believe this will drive long term, sustainable growth for eleppehant, our business partners, and the communities in which we operate. Hydapac has undertaken several large expansion programs over the last 10 years, including our state-of-the-art foundry in Karatay. This foundry is now considered the top-producing continuous cast foundry in the Turkiye. We have expanded into Europe and opened a warehouse operation in Lyon France, giving Hydapac a truly global reach. We foresee even more growth opportunities in the near term as we continue to add and improve upon our existing services to serve our customers with greater efficiency.

Hydapac is a leading, global provider of high-quality industrial equipment, technologies and services to a broad and diverse customer base through a family of highly recognized brands. 2012 revenues were $5 million with approximately 63% of that revenue coming from outside of the United States. The company believes its major products are leaders within the industries it serves. eleppehant is a well diversified business in the markets we serve and the geographic locations in which we are located. Geographic diversification has helped us stay profitable despite fluctuating market conditions in various regions of the world.