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Press Releases : 2016

GREDE HOLDINGS, LLC
4000 Town Center
Suite 500
Southfield, MI 48075
(248) 440-9500

Grede Honored by EPA as a 2016 ENERGY STAR® Partner of the Year

Southfield, Mich. – March 30, 2016 – Grede, an MPG Inc. company (NYSE: MPG) and leading producer of ductile, gray and specialty cast iron components for the transportation and industrial markets, has been recognized with a 2016 ENERGY STAR Partner of the Year – Energy Management Award by the U.S. Environmental Protection Agency (EPA). ENERGY STAR Partner of the Year recognizes world class corporate energy management programs.The annual award is presented by the EPA and the Department of Energy (DOE) to organizations that demonstrate improved energy performance of buildings and plants through a corporate-wide energy program. The Awards ceremony takes place April 13, 2016, in Washington, D.C.

"We are incredibly proud to have won this award," said Todd Heavin, chief operating officer, Grede. "Grede has a long-standing commitment to environmental stewardship and sustainability and this award validates the hard work of all 4,600 Grede associates throughout North America. We believe that a strategic, corporate-wide energy management program helps us enhance our financial health and aids in preserving the environment for future generations."

In 2015, Grede completed 235 Continuous Improvement and ENERGY STAR projects, saving enough energy to power 1,000 homes for one year. Overall, Grede energy intensity has reduced 5% over the last 3 years.

Grede’s commitment and achievements to ENERGY STAR is communicated to employees, customers and the community in the Grede ENERGY STAR video, which can be found on Grede’s and ENERGY STAR’s websites.

Since its inception in 1992, ENERGY STAR and its partners have helped prevent a total of more than 2.4 billion metric tons of greenhouse gas emissions. In 2014 alone, ENERGY STAR and its partners provided more than $11 billion in societal benefits due to reducing damages from climate change.

"Grede demonstrates how businesses and organizations can successfully incorporate ENERGY STAR into their corporate strategies to improve building and plant energy performance," said EPA Administrator Gina McCarthy. "Grede’s role in energy management is helping reduce our nation’s greenhouse gas emissions that drive climate change and preserve a healthy planet for future generations."

ENERGY STAR has 16,000 partners working to protect the environment through greater energy efficiency, including manufacturers, retailers, public schools, hospitals, real estate companies, and home builders.

About ENERGY STAR

ENERGY STAR® is the simple choice for energy efficiency. For more than 20 years, people across America have looked to EPA’s ENERGY STAR program for guidance on how to save energy, save money, and protect the environment. Behind each blue label is a product, building, or home that is independently certified to use less energy and cause fewer of the emissions that contribute to climate change. Today, ENERGY STAR is the most widely recognized symbol for energy efficiency in the world, helping families and businesses save $362 billion on utility bills, while reducing greenhouse gas emissions by more than 2.4 billion metric tons since 1992. Join the millions who are already making a difference at energystar.gov.

About Grede Holdings LLC

Grede Holdings LLC, an MPG Inc. company (NYSE: MPG), was formed in 2010 through the combination of assets of the former Grede Foundries, Inc., Blackhawk Foundry (USA), and Citation Corporation. The Grede legacy dates to 1920 when William J. Grede founded Grede Foundries, Inc. with an iron foundry in Wauwatosa, Wisconsin. With headquarters in Southfield, Michigan, the company specializes in high quality ductile, gray and specialty iron castings, including lost foam and high silicon molybdenum applications. Grede Holdings LLC has 4,600 employees and operates 11 foundries, one lost foam plant and two machining operations in North America serving the transportation and industrial markets globally. For more information, visit www.grede.com.

About MPG

MPG Inc (NYSE:MPG) is a leading provider of highly-engineered components for use in powertrain and safety-critical platforms for the global light, commercial and industrial vehicle markets. MPG produces these components using complex metal-forming manufacturing technologies and processes for a global customer base of vehicle OEMs and Tier I suppliers. MPG's metal-forming manufacturing technologies and processes include aluminum die casting, forging, iron casting and powder metal forming as well as advanced machining and assembly. Headquartered in Southfield, Michigan, MPG has a global footprint spanning 61 locations in 13 countries across North America, South America, Europe and Asia with approximately 12,000 employees. For more information, visit www.mpgdriven.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as "expects," "intends," "anticipates," "plans," "believes," "seeks," "estimates," "will" or words of similar meaning and include, but are not limited to, statements regarding the outlook for MPG’s future business and financial performance. Forward-looking statements are based on management’s current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially due to global political, economic, business, competitive, market, regulatory and other factors and risks, including those described under the heading "Risk Factors" in our filings that we make from time to time with the Securities and Exchange Commission. MPG undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as otherwise may be required by law.


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Media Contacts

Dick Pacini
The Millerschin Group
248-276-1970 (work)
248-770-6446 (cell)
dpacini@millerschingroup.com
Kristinn Leonhart
ENERGY STAR Brand Manager
202-343-9062
Leonhart.Kristinn@epa.gov

Grede
One Towne Square, Suite 550
Southfield, MI 48076
(248) 440-9500