Stopol Auctions to Host Auction of Clarion Technologies Caledonia, Mich., Plant

Stopol Auctions, L.L.C. – the leader in hosting and managing plastics industry auctions – will host and web cast an auction March 21 to sell plastics manufacturing equipment from discontinuing injection molding operations at Clarion Technologies, Inc.’s Caledonia, Mich., plant.

Stopol Auctions will conduct a live auction at 10:05 a.m. (EST) March 21 at Clarion Technologies’ Caledonia facility and air the event on www.stopol.com’s webcast portal so that bidders from all over the world can participate in the event using their PCs. Stopol Auctions will hold a preview at the plant March 20 from 10 a.m. to 4 p.m. (EST). Interested bidders also may contact Stopol Auctions to arrange for a private inspection.

The Clarion Technologies auction will feature more than 25 injection molding machines from some of the top brands in plastics processing, including Van Dorn, HPM, Goldstar and Niigata. The event also will feature a variety of auxiliary equipment, several fork trucks, robots and an array of tools, accessories and office equipment. For a comprehensive listing of all available items, directions to the auction or more information on auction rules and terms of sale, please visit the auction index on www.stopol.com.

Clarion Technologies is closing two plants – Caledonia and Ames, Iowa – to streamline its operations. Both facilities primarily were involved in manufacturing major home appliances, automotive components and some consumer products.

About Stopol, Inc.

Headquartered in Solon, Ohio, Stopol is the plastics industry leader in providing solutions for processors’ production needs through its five lines of business – Equipment Sales, Auctions, Liquidations, Appraisals and Business Services (merger and acquisition consulting). With the industry’s largest diverse inventory of equipment, Stopol allows manufacturers to add capacity and capabilities quickly and cost effectively. As the industry’s premier provider of auction and liquidation services, Stopol further enhanced its reputation as an industry innovator in 2003 when it created StopolAuctions L.L.C. and launched an interactive auction Web portal that allows a global audience to buy and sell new and used plastics equipment and other assets using their PCs. In addition, monthly contact with over 30,000 customers and 17 years of purchasing data provide Stopol with unparalleled market intelligence that we leverage to our customers’ advantage.

About Clarion Technologies, Inc.

Clarion Technologies conceives, designs, develops and manufactures injection-molded components in the highly dynamic home appliance, consumer products and automotive industries. Its corporate headquarters are located in Grand Rapids, Mich., and it has five manufacturing facilities strategically located in the Midwest, Southeast and Mexico. The Company currently employs 700-plus highly skilled and dedicated team members including engineers, designers and technicians. Clarion has been a solid-growth company since it was founded in 1998.

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