Barko Hydraulics acquires Norco

May 28, 2012, Superior, WI – Barko Hydraulics, LLC, a leader in the forestry and material handling
industry today announced it has acquired the assets of Norco Equipment Company of Oconto Falls, WI. The
acquisition will enable Barko to significantly expand customer options in the forestry, bio-energy, recycling
and right-of-way maintenance (ROW) markets while complementing Barko’s existing line of industry leading
material handlers.

Norco currently manufactures products under the PUMA Equipment brand headquartered in Oconto Falls,
WI. PUMA builds 4 and 6-wheel forwarders, track harvesters, processing heads, and firewood processors
that are both durable and technologically advanced.

"The completion of the Norco acquisition represents the latest step in our strategic plan to aggressively grow
our forestry business offerings," said Eric Blashford, Barko President. "More and more customers want to
work with a single company that can take them from harvesting to processing. By adding Norco, we are well
positioned as a leader in forestry products."

In addition to Norco’s PUMA line, Norco also offers a full line of wood processing equipment from hand-fed
brush chippers, high horsepower whole-tree chippers and grinders under the Dynamic Manufacturing label.
Dynamic equipment features a revolutionary pat

ented conehead chipping drum that provides more efficient
operation than competitive machines.
“The combination of PUMA, Dynamic and Barko’s products, sales and product support creates an expanded
offering for our customers, and further strengthens our global dealer network." said Steve Kiefer, Barko Vice
President of Sales, Marketing and Business Development.

About Barko Hydraulics

Founded in Duluth, MN in 1963, Barko Hydraulics has led the industry with innovative solutions that meet the
needs of operators in a variety of applications worldwide. From the 1960s to the 1990s, Barko Hydraulics
has made an impact in the forestry and scrap handling industries through its innovative product lines. Today,
Barko continues to lead the industry with expert engineering and design, superior quality and the ability to
deliver a lower total cost of ownership than competitors. Tough, dependable and powerful, Barko’s industry
innovations have become standard equipment designs worldwide and the equipment of choice among
customers.