AMERICAN PAN COMPANY

American Pan is the world's leading provider of custom and stock industrial baking pans, pan coatings, and pan refurbishment services. American Pan expands its baking pan coating services with the formation of American Pan Germany in Wassenberg, Germany. American Pan creates a partnership with Turbelco, a leading provider of baking pans and coatings, with the new entity known as Turbel, an American Pan Company. American Pan expands in the European market through the acquisition of Runex, a provider of bakeware and coating services based in Sweden. American Pan Prestige becomes American Pan Europe. American Pan Ireland is established to serve the unique needs of Irish bakeries. American Pan expands its operations and adds the American Pan Prestige manufacturing facility through the acquisition of FBS Prestige. Operating in Barcelona, Spain, American Pan SE provides bakers in the Southern Europe region with access to custom bakeware and coatings. The SMART Pan Tracking System is launched by American Pan.