Industry Veteran Jeff Newport Named President of Goldshield Fiberglass

DECATUR, Ind., Feb. 14, 2011 /PRNewswire/ -- Goldshield Fiberglass, Inc., an industry leader in custom molded composite products across a variety of industries including heavy truck and RV, today named Jeff Newport as company president. Newport leaves his current role as production manager for Fleetwood RV, Inc. to take Goldshield's highest leadership position. As president, Newport will have full P&L responsibility and will oversee the company's entire operations.

Newport brings to his new role over 15 years of leadership experience at various companies in the recreational vehicle and fiberglass industries, including Fleetwood RV, Dutchmen Manufacturing, and Rinker Boats. He also briefly served as Goldshield's general manager in late 2009.

"Jeff's in-depth understanding of fiberglass and its many applications; his expertise in manufacturing and operations; and strong leadership ability are just a few of the intangibles that make him the ideal candidate for this very important role," said Randall Swift, CEO of Allied Specialty Vehicles, Inc., Goldshield Fiberglass' parent company. "He has a clear vision for the future of Goldshield Fiberglass and I am confident that he is right person to take the company to a whole new level."

"As president of Goldshield Fiberglass, I have three main goals," said Newport. "First, to achieve aggressive sales growth by diversifying our customer base and expanding our product offering; second, to lead the industry by providing our customers with high-quality, high-value products and services; and third, to incorporate Lean thinking in every facet of our business. I am excited about the opportunities these goals present our company, and I know that our team will be able to rise up to the challenge and achieve them."

For more information on Goldshield Fiberglass, Inc., call 1-260-728-2476 or visit www.goldshield.com.

About Allied Specialty Vehicles, Inc.

ASV, with revenue of approximately $1 billion, is a market leader in three industry segments: Fire & Emergency, Recreational Vehicles, and Commercial. The Company was formed on August 25, 2010 through the combination of four existing portfolio companies of AIP: E-ONE, Inc.; Collins Industries, Inc.; Halcore Group, Inc.; and Fleetwood RV, Inc.

About Goldshield Fiberglass, Inc.

For more than 25 years, Goldshield Fiberglass, Inc. has developed creative solutions to its customers' manufacturing challenges. Goldshield Fiberglass, Inc. has more than 260,000 square feet of modern manufacturing facilities in two Decatur, Ind. locations, with some of the most advanced technology in the fiberglass and composite industries.

SOURCE Goldshield Fiberglass, Inc.