John Waters named President of ConMet

Amsted Industries announces that John Waters has been named President of its subsidiary company,
Consolidated Metco (ConMet), succeeding Mike Swiderski who has retired.

Mr. Waters has held a number of managerial roles spanning virtually every aspect of the business
during his 27 years at ConMet. In addition to serving as Chief Financial Officer, he has held the role of
Vice President and General Manager of Metals, and most recently Senior Global Vice President of Sales
and Operations.

About ConMet
ConMet is a leading global manufacturer of wheel hubs, structural plastic, and aluminum casting
components for the commercial vehicle industry. Since 1964, ConMet has been providing customers
worldwide with lightweight, durable, reliable parts that enhance vehicle performance, improve fuel
efficiency and increase payload capacity for the heavy-duty truck and trailer industry. They operate 13
manufacturing facilities in the U.S., China, and Mexico.