GREDE HOLDINGS, LLC
4000 Town Center
Southfield, MI 48075
Grede and MPG Companies to Exhibit at CastExpo 2016
Southfield, Michigan – April 15, 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, today announced that it and other MPG affiliated companies will be showcasing their latest technologies in booth #3354 at the 2016 CastExpo & Metalcasting Congress in Minneapolis, Minnesota, from Saturday, April 16 through Tuesday, April 19.
Grede/MPG (Metaldyne Performance Group Inc.) will highlight their full range of casting products, including: gray ductile castings, lightweighting solutions, lost foam processes and parts, and aluminum die cast products.
"We are pleased to, once again, be participating in the CastExpo, and eager to showcase our full portfolio of casting products and manufacturing capabilities to our customers, suppliers, and industry peers," Tony Lovell, vice president, Global Sales & Marketing, Grede. "Participating in shows like CastExpo validate MPG’s commitment to continuous technological innovation and the promotion of the metalcasting industry as a whole."
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.
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 1 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.
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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.