The Research Committee Meeting will be held at the Ramada O'Hare in Chicago, Illinois on September 20 and 21, 2000.  For room reservations, please call (847) 827-5131 and mention the Ductile Iron Society to get our group rates.

The Fall T&O meeting of the Ductile Iron Society will be held on October 4-6, 2000 at the Orleans Hotel in Las Vegas, Nevada.  Room rates are $54 per night and reservations can be made by calling 1-800-675-3267.

On Friday morning, October 6, Dotson Company, Plymouth Foundry, and St. Mary's Foundry will present "Virtual Tours" of their foundries.

PEOPLE IN THE NEWS

  Applied Process Inc. is pleased to announce that Kristin Brandenberg has joined the organization as Market Applications Engineer.  Kristin graduated from Michigan State University in 1997 with a BS in Mechanical Engineering and is currently pursuing her MBA at Wayne State University.  Her professional experience includes three years as a Manufacturing Engineer at Detroit Diesel Corporation and earlier intern assignments at various Ford Motor Company facilities.  She is active in the Society of Women’s Engineers and is also a member of SAE, AFS and ASME. 

Applied Process Inc., (Livonia, Michigan) and it affiliates in Wisconsin, Kentucky, England and Australia, specialize in the Austempering process.  Austempering is a high performance heat treatment that is used to greatly enhance the properties of iron and steel components. 

For more information please contact:
Kristin Brandenberg
c/o Applied Process Inc.
12238 Newburgh Road; Livonia, MI  48150-1046
Tel:   734 464 2030 ext. 27;   Fax:  734 464 6314
Email: kbrandenberg@appliedprocess.com
Web:   www.appliedprocess.com

Paul Steels has joined Superior Graphite Co. as field application engineer.  In his new position, he is responsible for serving existing customers and developing new customers in Kentucky, New York, Ohio, Pennsylvania and West Virginia.

INTERMET Corporation Chairman and Chief Executive Officer John Doddridge announced today that Dr. Gary F. Ruff has been promoted to Executive Vice President - Technical Services.  Ruff continues to be a member of the Corporate Operating committee with responsibility for INTERMET's research and development, materials and product engineering and development, product quality, and education and training.  He previously served as Vice President - Technical Services.

INTERMET Corporation Chairman and Chief Executive Officer John Doddridge announced today that David L. Neilson has been promoted to Executive Vice President - Sales and Marketing.  Neilson will continue to be a member of the Corporate Operating Committee and oversee INTERMET's Sales and Marketing group.  He previously served as Vice President - Sales and Marketing.

INTERMET Corporation announced that W. Dean Buckley has been promoted to General Manager of its Radford Foundry, located in Radford, Virginia, effective August 1, 2000.  Buckley had been serving as interim general manager of the Radford Foundry since April 2000, after the transfer of the previous general manager.  He previously served as Manufacturing Manager at the plant.

INTERMET Corporation announced today that Todd A. Heavin has been named Group Vice President.  Heavin assumes the responsibility for INTERMET's Light Metals Group and is a member of the Corporate Operating Committee.  He reports to Michael J. Ryan, Executive Vice President of Manufacturing Operations.

INTERMET Corporation, one of the world's leading independent manufacturers of cast-metal automotive components, announced today that Thomas E. Woehlke has been promoted to Group Vice President, responsible for the Ferrous Metals Group.  He previously held the position of General Manager of the company's Havana, Illinois, foundry.

Grede Foundries, Inc., has named Ed Kaczmarek Vice President of Operations - Milwaukee Steel and E.J. Kubick Vice President of Operations - Tipton. 

Kaczmarek graduated from the University of Wisconsin-Madison with a BS in Metallurgical Engineering.  He joined Grede in 1980 at its Milwaukee Steel foundry in Milwaukee, Wisconsin.  In 1984, he was promoted to Technical Director at its Reedsburg plant in Reedsburg, Wisconsin.  In 1998, he returned to the Milwaukee Steel foundry as Works Manager.

Kubick graduated from the University of Wisconsin-Madison with BS and MS degrees in Metallurgical Engineering.  He joined Grede in 1991 at its Liberty foundry in Milwaukee, Wisconsin.  He served in the capacity of Technical Director before becoming Factory Manager in 1994.  In 1998, he was promoted to Works Manager at its Wichita foundry in Wichita, Kansas.  In addition to his new title of Vice President, he holds the position of Managing Director (Plant Manager) at its Tipton foundry in Tipton, West Midlands, England.

BUSINESS BRIEFS

Superior Graphite Co. has opened a world-class graphite particulate processing line, designed specifically to serve the stringent requirements of the powder metal market.  The new line will produce up to 3,000 tons of MetalPURE^TM powdered graphite each year.  Graphite is combined with metal powders and compressed to make powder metal parts.

INTERMET  Corporation today reported record second-quarter 2000 sales of $282 million, an increase of $36 million (or 15 percent) over the second quarter of 1999.  This increase is due primarily to the light metals acquisitions at the end of 1999.

Second quarter net income was $11.9 million, or 47 cents per diluted share, compared with prior-year levels of $12.1 million, or 47 cents per diluted share (excluding a one-time tax benefit of $4.5 million, or 18 cents per diluted share).

Year-to-date sales were also a record at $589.3 million, $98.5 million higher than the first six monthls of last year.  Year-to-date net income was $21.4 million, or 84 cents per diluted share.  For 1999, INTERMET's six-month net income was $24.2 million, or 94 cents per diluted share (also excluding the one-time tax benefit).

The INTERMET board of directors voted to approve a quarterly dividend of 4 cents per share, payable September 29, 2000, to shareholders of record as of September 1, 2000. 

Foseco - Morval Receives Business Award.  Foseco-Morval, the leading supplier of expendable patterns to the lost foam foundry industry, has received the 2000 Bessemer Business Award in recognition of the firm's contribution to the local economy.  The award was presented by the Bessemer, Alabama, Chamber of Commerce in rrecognition of the company's outstanding growth, employment and investment in the city over the past three years.

Foseco-Morval has facilities in Guelph, Ontario, Canada and Bessemer, Alabama.  It is the only custom pattern molder in North American dedicated solely to the manufacture and supply of patterns and services to the lost foam foundry industry.

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