EXCELLENCE

QUA

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V i s i o n

Cortec Wins!Minnesota Governor’sInternational Trade Award

Lights, Camera,Action!World Sales Meeting 2003

News From the WebCortec’s Sites are Upgraded

Cortec® Vision Fall 2003

Cortec Wins Minnesota International TradeAward

News From the WebCortec Web Sites are New & Improved

Lights, Camera,Action!World Sales Meeting2003

‘Rusty’ Award Winners

New Products

Eco-Corr Anti-Stat

EcoWorks

146 Creped Paper

Polycoated Paper

Reinforced Paper

EcoShield VpCI Linerboard

EcoShield Linerboard

SilverBrite

MCI-2311 & MCI 2702

Cortec MCI-2020 isExtending the ServiceLife of the Pentagon

Cortec Coatings ProtectNASA Space Shuttles

MCI Products Achieve UL Approval

Mark Your Calendar

New Cortec TeamMembers

In this Issue...

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"Vision is the ability to see things that are invisible"

As CEO of the Cortec Corporation, it is my job to help create and to champion our com-pany's vision. Vision is important because without it, nothing grows. These visions havealways been created with the conclusion in mind, which have involved the growth ofCortec as the ultimate ending. Sometimes, the ending may not be quite what I initiallyenvisioned it to be, but these visions usually help take us to the next level. I believe that wewould all agree that it is easy to view the past and difficult to see the future. Looking tothe future is not easy because it takes courage, risk and commitment, not just by me, butalso from every member of the Cortec family. Your commitment needs to start with faith(belief without evidence) that we are the best at what we do and we provide the best to ourcustomers.

Today, we are ready to take our company to the next level of growth. We need to haveeveryone working as a team in order for us to reach our corporate vision, as well as ourpersonal goals. We all win when we work efficiently together. We need to continue to pro-duce breakthrough products and applications. We need to focus on increasing our salesand reducing our expenditures. Your actions will continue to keep our products competi-tive in today's world market. It's a challenge, but you can do it! It will be fun. Think aboutthis as the vision of Cortec:

· World Class Product OfferingsAn innovator and designer of leading edge products

· World Class Customer ServiceA positive, long-lasting impression through every link of our company

· An Ethical and Respectful Company CultureRespect and treat our colleagues, customers and vendors as we would our own familymembers

· A Company Atmosphere which Fosters Continuous Improvement and OpenCommunicationTeach each other. Make it better. Improve at your job.

· Achieve Profitable Sales GrowthNothing will grow without your cooperation.

· HAVE FUN!"If you choose a job you love, you will never work a day of your life"I love to see people that do a great job and have fun doing it! These are the real company Heroes.

OUR VISIONBy: Boris Miksic

Cortec® Vision Fall 2003

Cortec is honored to receive this year’s Minnesota Governor’s Tradeaward. This award recognizes a Minnesota company that hasexcelled in the international marketplace. Cortec was nominatedby Mae Schunk, former Lt. Governor of the State of Minnesota.Some of the reasons Cortec received this award are as follows:

• Technical products that are market leaders in corrosioncontrol. Publications, patents and cooperative researchwith academic institutions in Minnesota, China, Japan,Europe, Canada, Australia enhance a technical reputa-tion.

• Manufacturing plant and process based on ISO9001/14001 quality and environmental process, now inthe ninth year.

• A multilingual sales and office staff in St. Paul that is flu-ent in 13 languages (English, French, Swedish, Japanese,Italian, Chinese, Portuguese, Croatian, Russian, Spanish,Korean, German, Hindi).

• A Website available in 36 countries and MSDS sheets inover 20 languages.

• A sales management staff that travels extensively. In thefirst three months of 2003 sales management spent 39days in customer contact in eight different countries.

• An annual international sales meeting in St. Paul. LastJune the 17th annual meeting at the St. Paul Hotel host-ed about 130 people, with 21 countries represented.

• Licensees in 15 countries.• Distribution in 70+ countries. Warehouse and joint ven-

ture in South East Europe.

Thanks to all of Cortec’s employees and representatives worldwide.This honor is a direct result of your commitment and professionalism.

Minnesota Governor Awards Cortec for Outstanding International Trade

Minnesota Governor Tim Pawlenty gives the MinnesotaInternational Trade Award to Boris Miksic

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Cortec® Vision Fall 2003

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Internet surfers have probablynoticed changes on some ofCortec’s sites. The Bull Frog(www.bull-frog.com), RawnAmerica (www.rawnamerica.com)and EcoFilm (www.ecofilm.com)sites are all brand new. These sitesoffer intuitive navigation, a searchengine and of course a wealth ofinformation. Product DataSheets, Material Safety DataSheets, technical papers,brochures, industry articles andmore are available on each ofthese sites. The Rawn and BullFrog sites also include a distribu-tor listing for potential customers.If you would like to be includedin the distributor listing for thesesites please emailinfo@cortecvci.com.

Our dedicated in-house webdesign and development staffhave also upgraded the mainCortec site (www.cortecvci.com).A search engine has been addedwhich locates keywords not onlyin the actual web pages, but inthe linked PDF documents as

well. The Cortec site is nowalmost entirely database-driven,which means that web pages nowload faster and new informationappears on the site sooner. Thenew format makes it easier forCortec to keep all of the websites accurate, up-to-date, easy tosearch and easy to navigate.

On www.cortecvci.com a list ofall of Cortec’s products can befound at the top of every pagewithin the ‘Products’ section ofthe site. Selecting a productfrom the drop down menu willbring the user directly to a shortproduct and packaging descrip-tion including links to the prod-uct data sheets, material safetydata sheets and other documents(technical papers, competitivereports, case histories, etc.) relat-ed to that particular product.

Frequenting the Cortec websites is the best way to stayinformed, all of our importantupdates can be found within the‘What’s New’ section of all thecompany sites. The web sites arethe first place Cortec releasesindustry news, and companyannouncements such as newproduct releases. Due to thespeed and worldwide access thatthe Internet allows the Cortec’sinformation rich web sites havebecome one of our most power-ful sales tools.

If you have any questions or com-ments regarding our sites feel free tocontact us at info@cortecvci.com or 800-4-CORTEC.

Cortec’s Sites are New and Improved

Lights, Camera, Action!

Cortec’s 2003 World’s Sales Meeting Lights Up the Stage

This years World Sales Meeting was like a night at the Oscars where thebig winners were recognized for their roles in corrosion protection. In addi-tion to honoring the VpCI/MCI superstars the Cortec family offered train-ing and advice to all sales people striving for leading roles in Cortec’s salesforce. Seminars on both days cover everything from VpCI basics to specificproduct lines and chemistries.After a decadent lunch at the LandmarkCenter in downtown St. Paul and an afternoon of seminars at Cortec worldheadquarters everyone met back at the Historic St. Paul Hotel for theannual cocktail reception. Hor'durves were served followed by a chance toentertain the group with karaoke.The vocal stylelings of Cortec friendsand family were great fun; however, I recommend that everyone keep theirday job!

After a second educational day at the beautiful St. Paul Hotel guestsenjoyed dinner and dancing on the scenic St. Croix River Cruise.Those whostayed for Saturday’s events tested their athletic abilities at either theCortec Golf or Tennis Challenge. Shopaholics also had the opportunity toexercise their shopping savvy at the World’s largest indoor mall, Mall ofAmerica.As it is every year, this World’s Sales Meeting was a fun andinspiring time for Cortec sales people and representatives.We hope to seeeveryone again next year along with some new faces.

…and the award for EnvironmentallyFriendly VpCI/MCI technologies goes to…

Cortec, of course!

Cortec® Vision Fall 2003

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Cortec® Vision Fall 2003

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Cortec World Sales Meeting 2003 attendees at the historic Landmark Center in beautiful downtown St. Paul

Cortec® Top 10 DistributorsAnd the winners are...

FirstCorpac

SecondGreat Lakes Packing Systems and ICI

ThirdBS Coating

FourthCortecros

FifthBand-all Packaging

SixthWurzburg

SeventhGreto Corporation

EighthSchwarz Paper

NinthCentury Corrosion Technologies

TenthRIG Packaging

Cortec Best Supporting DistributorsAnd the winners are…

Connecticut Packaging

Ship Pac

Corrosion Sol’ns

Gulf Corrosion Control

Quimilock, S.A.

Packnet, Ltd.

Presserv AS

Itochu Plastics

The Cortec Life Time AchievementAnd the winner is...

Francoise Berger

Congratulations Award Winners!

‘Rusty’ Award Winners

Cortec® Vision Fall 2003

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Eco-Corr Anti-Stat FilmCortec is leading the biodegradable filmindustry with its newest release: Eco-CorrAnti-Stat. This film is 100%compostable/biodegradable and providesboth anti-static and corrosion inhibitingprotection. Eco-Corr Anti-Stat is complete-ly stable in atmospheric conditions. It willnot begin to break down until exposed tocompost or soil conditions where it willconvert to water and carbon dioxide in 6-7weeks. Eco-Corr offers contact, vapor andbarrier corrosion protection giving cus-tomers a complete corrosion inhibitingpackaging film.

Eco-Corr Anti-Stat film satisfies strict com-postablity and biodegradability require-ments of ASTM D 6400-99 and DIN V54900 and meets MIL-PRF-8175D withrespect to static decay. It also fulfills surfaceresistivity Section 4.6.8 of PerformanceSpecification MIL-PRF-81705D. Eco-CorrAnti-Stat has a static decay rate time of0.02 seconds when exposed to 5000 volts,well below the limit of 2 seconds. Its sur-face resistivity is 109 Ohm/sq, easily withinthe required range is 105 to 1012

Eco-Corr Anti-Stat has no special disposalrequirements; the film can simply be dis-carded after use. One of the major advan-tages to Cortec’s VpCI technology is thatit does not require removal. Unlike tradi-tional corrosion inhibiting and anti-staticcoatings, metal protected by Eco-CorrAnti-Stat is immediately ready for use.Eco-Corr Anti-Stat has a two-year shelflife plus an additional two years of staticand corrosion protection once in use.

Cortec Laboratories IntroducesHigh Performance, Bio-based andBiodegradable Film—Eco Works™!Eco Works™ is the latest innovation inCortec’s expanding line of biodegradablefilms. Eco Works is a unique blend ofhigh performance and naturally derivedbiodegradable polyesters that allow thephysical properties of the end product tobe customized for a wide variety of applica-tions. Some of the customizable featuresinclude clarity, transmission rates (oxygenand moisture), rigidity and strength.Additionally, the improved strength of EcoWorks allows for a variety of conveniencefeatures available on traditional bagsincluding the drawstring for easy handling.

Eco Works also complements Eco Filmallowing sales people to replace even morenon-degradable films for customers.Whereas Eco Film is elastic and silky, EcoWorks is rigid and resembles high-densitypolyethylene. Those who attended theWorld Sales Meeting this year have alreadyreceived a sample of Eco Works. TheCortec trade show bags are now madefrom Eco Works film.

Eco Works is ide-ally suited for col-lection bagsrequiring longercurb-life, andapplicationsrequiring a morerigid film, likefood packagingand agriculturaluses. Eco Works

has a couple sales advantages over EcoFilm; Eco Works costs slightly less and isderived from corn material therefore allow-ing preferential government purchasing.

New Products from Cortec Coated Products Division

Our family of premium VpCI papers isalways increasing. These unique, high per-formance protective papers combine ourfield-proven VpCI technology with specif-ic physical properties. Cortec’s wide rangeof VpCI papers increases the number ofapplications where Cortec can offer corro-sion protection solutions. These productsoffer Cortec customers excellent quality atvery competitive prices.

VpCI-146 Creped PaperCortec Coated Products is proud to intro-duce VpCI-146 Creped Paper, the newestaddition to our popular VpCI-146 papers.This paper is ideal for applications wherestretchability and flexibility is key in cush-ioned packaging and protective wraps.VpCI-146 Creped Paper offers excellentmechanical and anti-corrosion protectionto wrapped metal items. Available in 35%EcoCorr Anti-Stat is anti-static and anti-corrosion

Cortec® Vision Fall 2003

stretchability, VpCI-146 CrepedPaper may be incrementally con-figured in 10 to 50% ratios.

Cor-Pak VpCI Polycoated Paper

This product has gives 2-sided corrosionprotection. The first side is coated withour superior VpCI coating solution. Theopposite side is covered with a glossylayer of impervious low-density polyeth-ylene. What a combination! On one side

moisture, oil and grease are barred frommigrating through the package, while onthe other side; the best vapor phase corro-sion inhibitors available on the market areprotecting corrosion-sensitive parts. VpCI Polycoated Paper can be used topackage dry or oiled met-als during storage, transitand overseas shipment.

Cor-Pak VpCIReinforced PaperVpCI Reinforced Papercombines the outstand-ing anti-corrosion prop-erties and the moisture-oil-grease imperviousnessfound in VpCIPolycoated Paper with areinforcing fiberglassscrim. It can be used topackage metal parts withpointed, odd shapes or

sharp edges where puncture would be anissue with non-reinforced papers. VpCIReinforced Paper is extremely durable. It isexcellent for applications where damageduring shipping is a concern. Like allCortec VpCI papers, it provides corrosionprotection to all ferrous and non-ferrousmetals

EcoShield VpCI LinerboardIn addition to its superior anti-corrosionqualities, EcoShield VpCI Linerboardoffers barrier protection. It is coated withan impervious layer that reduces the trans-mission of moisture through the liner-board. Additionally, EcoShield VpCILinerboard has moisture vapor transmis-sion rates similar to those of polycoated

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Cor-Pak VpCI Reinforced Paper is extra tough and durable.

EcoShield VpCI Linerboard protects products from corrosion and moisture.

Cor-Pak VpCI Polycoated Paper protectsmetals with VpCI anti-corrosion technologywhile keeping moisture, oil and grease away.

MCI 2020 is Extending the Service Life of the Pentagon

The Pentagon’s concrete walls were experi-encing spalling due to corrosion and Cortec’sMCI® 2020 was chosen to come to the res-cue. Carbonation was lowering the pH of theconcrete, causing the embedded rebar to cor-rode. The Pentagon needed a new coatingsystem that would last 20 years, reduce orstop corrosion and stop water absorptionwithout altering the appearance of the walls.Cortec’s MCI 2020 effectively deters corro-sion caused by carbonation as well as corro-sive attack from sulfur dioxide, car fumes,

air-borne salts and sea water. Researchshows that MCI 2020 can increase the serv-ice life of a concrete structure up to 70%compared to a control, in some cases bymore than 30 years.

MCI 2020 provided an ideal solution tothe Pentagon’s corrosion problem. As a partof the ongoing Pentagon renovation MCI2020 will repair 200,000 square feet ofspalled areas and an additional 1,000,000square feet of wall surface will be treatedwith MCI 2020 V/O. This will providecorrosion protection to the Pentagon’s exte-rior walls for years to come.

MCI 2020 will repair 200,000 square feet, andan additional 1,000,000 square feet of wall sur-face will be treated with MCI 2020 V/O.

VpCI-146 Creped Paper combines stretchabilityand flexibility in a cushioning packaging paper.

Cortec® Vision Fall 2003

and waxed papers. The barrier layerincludes our patented VpCI technology,which is the industry’s forerunner in cor-rosion protection. Both ferrous and non-ferrous metals are protected from corro-sion. EcoShield VpCI Linerboard offersthe unique advantage of being fully recy-clable (repulpable). This eliminates theneed for expensive processes to separatethe paper base from the coating.EcoShield VpCI Linerboard protects metalparts for storage and shipments in eitherbox, interleaving or insert formats.

EcoShield LinerboardEcoShield Linerboard was created forapplications requiring only moisture barri-er properties. It uses the same superiorbarrier coating found in EcoShield VpCILinerboard. Like its VpCI counterpart,

EcoShield Linerboard is fully repulpa-ble while displaying barrier propertiessimilar or better than those of wax orpolyethylene coated linerboard. Thereis no need for costly processes to sepa-rate the paper base from the coating.In addition to being environmentallyfriendly, EcoShield Linerboard is incompliance with FDA and USDA

regulations. It can be used inapplications where direct or indi-rect food contact may occur.EcoShield Linerboard can be

made into boxes or end caps toprovide protection to moisture-sensi-

tive items.

SilverBrite VpCI PaperSilverBrite VpCI paper is a new productfrom Cortec Corporation specifically forthe protection and packaging of preciousmetals such as silver, gold, tin and copper.SilverBrite offers a cost effective and easy

to use method of corrosion protection forvaluable metals. This unique paper con-tains a hydrogen sulfide scavenger and sat-uration indicator on the outside of thepaper that automatically turns to a darkercolor when a substantial amount of hydro-gen sulfide has been absorbed. This indi-cator tells customers when the papershould be replaced. In addition, SilverBriteVpCI paper is effective in aggressive envi-ronments, including humidity, sulfur diox-ide, galvanic corrosion from dissimilarmetals and harmful contaminants in air.The vapor phase corrosion and tarnishinhibitors in SilverBrite VpCI papervaporize and deposit an invisible, molecu-lar layer of corrosion and tarnish inhibitorover the entire surface of the preciousmetal. SilverBrite VpCI paper will elimi-nate the need for coatings and tarnishremovers that often are associated withprecious metals. When removed fromSilverBrite VpCI paper, precious metalswill look exactly as they did before theywere protected with SilverBrite. Typicalapplications include electrical compo-nents, controls, silverware, jewelry box lin-ings, shipping container linings and wrap-ping. SilverBrite VpCI paper is non-toxicand contains no nitrites, phosphates, sili-cones, chromates or other heavy metals.SilverBrite VpCI paper is available in stan-dard and custom sizes.

Silver Brite VpCI paper was created to protectprecious metals from tarnish and corrosion.

NASA is now using Cortec’s VpCI®temporary coatings in it’s post flightoperations. Cortec’s patented VpCI tech-nology is applied to almost all parts ofthe shuttle, including major componentsand hundreds of small parts. After flightthe surfaces are stripped down to baremetal as part of the disassembly andrefurbishment phase.

Cortec’s coating is vital to the protectionof those metal parts as they can beexposed to corrosive environments.Keeping these components corrosion freeis crucial for NASA and Cortec is proudto be chosen for this important mission.

Cortec Coatings ProtectNASA Space Shuttles

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EcoShield Linerboard is fullyrecyclable (repulpable).

Cortec® Vision Fall 2003

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Mark YourCalendarAWTPhoenix, AZSeptember 17-19

AISEPittsburgh, PASeptember 29-October 1

EuroCorr (ICC)BudapestSeptember 28-October 3

FACHPACKGermanyOctober 8-10

NACE Central Conf.Houston,TXOctober 5-8

SCANPACKGoteborg, SwedenOctober 21-24

MidPakMinneapolis, MNOctober 15-16

ICEPhiladelphia, PANovember 12-14

Cortec TrainingSt. Paul, MNNovember 10-11

MCI Repair MortarCortec is introducing two new repair mortarsto the MCI (migrating corrosion inhibitor)line! MCI 2311 and MCI 2702 are one-component repair mortars. Produced incooperation with STO Corporation, expertsin the manufacture of repair mortars, theserepair mortars integrate Cortec’s proprietarymigratory corrosion inhibitors to create stateof the art concrete repair materials.

MCI 2311 is a single component, full depthrepair mortar designed for horizontal repairsfrom 0.5 to 4 in (1.27-10.16 cm) in depth.It can be extended with aggregate for deeperapplications. MCI 2311 features low shrink-age, high abrasion resistance, and is thermallycompatible with concrete (preventing delami-nation caused by temperature changes). Italso features an early recoat time. Coatingsmay be applied 72 hours after application ofthe mortar.

MCI 2702 is a single component, vertical andoverhead repair mortar designed for applica-tion depths of 0.24 to 2 in (0.64-5.08 cm).

It can be applied in lifts for deeper applica-tions. It features polymer modification, non-sag, low slump, low shrinkage, and is alsothermally compatible with concrete.

UL ApprovalWe are proud to announce that six ofCortec's MCI products have recently receivedan UL approval. After completion of engi-neering evaluation UL has found all of theseproducts are in compliance with requirementsfor product classification in accordance withANSI/NSF Standard 61 (potable water applications).

MCI-2005

MCI-2005NS

MCI-2006

MCI-2006NS

MCI-2020

MCI-2020M

NEW RELEASES

BULL

FROG

The Bull Frog Product Line is Expanding!

Stay Up-to-Date at:

www.bull-frog.com

Business has been hopping at Bull Frog! As a result Bull Frog will bereleasing several new corrosion protection products for the retail market.Extreme Lube will be the first to debut on store shelves soon. This newlubricant comes in an convenient ready-to-use grease syringe which makesaccurate application quick and easy. As it’s name suggests, Extreme Lubewas developed for extreme conditions. It combines superior lubricationand long-term corrosion protection. Extreme Lube is saltwater resistantmaking it excellent for fishing and marine applications. It is also a first-rate lubricant for firearms, tools, machines, wheels/bearings,chains/cables, locks, hinges and more!

Other new Bull Frog products are currently in development,visit our web site often for the latest information.

SAFER FOR THE POND WE LIVE IN.

®

New Additions to the Cortec Team

4119 White Bear ParkwaySt. Paul, MN 55110 USAE-mail: info@cortecvci.com651-429-1100 • 800-4-CortecE-mail: info@cortecvci.comwww.cortecvci.com

Visit us online at: www.cortecvci.com

Predrag MrvicPredrag Mrvic is computer engineering studentworking as an intern in Marketing. He joins usfrom Osijek, Croatia, where he is a senior at theFaculty of Electrotechnical Engineering.

Mary BraggMary has been the Human Resources Manager sinceMay 12. Before coming to Cortec, she was the HRManager at a software-marketing firm inMinneapolis. She has 10+ years of experience inHR and training & development. Prior to movinginto the HR field, she was an operations managerfor Radisson Hotels. She has managed at hotels inMinneapolis, Chicago, Nashville, and St. Paul.

Jessie LantzJessie Lantz joined Cortec on May 19 and works indocument production. Jessie has just returned tothe United States this spring after having spent thelast four years in England and Germany. She hasbeen employed as a nanny, and most recently as anadministrative assistant at TIME magazine inDusseldorf Germany.

Donna OvertonDonna Overton has been on our accounting staffsince April. She has extensive payroll experience andcurrently does Cortec’s payroll along with accountsreceivable. A native Minnesotan, Donna lived in SanDiego for a number of years before returning to herhome state in 1993.

Angela (Angie) McGillivrayAngie has been our Controller since the end of July.As many of you know, Angie has worked here as aconsultant since December through Johnson West,and brings a very strong financial background to ourcompany. Angie understands Cortec's accounting pro-cedures and systems, and has already established a verypositive working relationship with our accountingstaff. We are fortunate to have her on the team!

LeAnn PetersonLeeAnn has returned to Cortec as a member of ourCustomer Service team. LeeAnn is very familiarwith Cortec, having previously worked here as ourAS400 Operator. LeeAnn is excited about herreturn to Cortec and is looking forward to learningnew and different skills in customer service.

Mike GaborMike joined our Cortec Midwest office inColumbus, Ohio. He had sold Cortec products for6+ years. He has an excellent knowledge of theCortec product line and is very excited about onceagain working with Cortec. He loves to play golf,and is an avid Ohio State Buckeye fan!

Lorna GrantLorna joined Cortec as a full time employee in docu-ment production at the end of August. Lorna is famil-iar to many of you because she has worked for Cortecin the past as a part-time, on call employee in our doc-ument production area. During the fall, Lorna is anactive participant at the Renaissance Festival.

Cortec Corporation service marks and trademarks in thispublication are registered trademarks of the CortecCorporation. All other company trademark and productnames are trademarks of the company or manufacturerrespectively. For more information about Cortec and it’sproducts please call 1-800-4-CORTEC or e-mail toinfo@CortecVCI.com. Send your address corrections to:Cortec Corporation, 4119 White Bear Parkway, St. Paul,MN 55110 USA. Any ideas or need reprints? Fax yourrequests to: 651-429-1122. © Copyright 2003 Cortec Corporation.All rights reserved.

Bob CookBob has just completed his first week as our newestemployee. Bob is our powder mixer in the produc-tion area. Before coming to Cortec he worked atRock-Tenn Company in St. Paul. He has been amachine operator at other plants in St. Paul andStillwater. In his spare time, he enjoys working onremodeling his house.