Voelker promoted at Morbark

July 15, 2014, Winn, Mich. – Morbark, Inc., announced the
promotion of Larry Voelker to Vice President of Engineering and Product
Development. Over the past 2½ years, Voelker has served as Director of
Engineering responsible for the planning and implementation of all engineering
activities and providing the strategic technical leadership in continuous improvement
of equipment and process capability.

Voelker commented upon receiving the promotion, “We will
continue to focus on product designs driven by engineering principles and
enhanced design quality, which will build on the strong legacy of high
performance and durable products that Morbark is known for.”

Prior to joining Morbark, Voelker’s extensive experience
includes Engineering, Program and Business Manager positions at Moog – QuickSet
International; IMM, Inc.; and AAR Mobility Systems.

In recognition of Larry’s promotion, Jim Shoemaker Jr.,
Morbark President, stated, “Larry has worked tirelessly to establish a solid
engineering footprint for Morbark. His leadership and technical expertise has
transformed our engineering capabilities to meet the changing needs of both our
valued employees and customers.”