Metal Improvement Company Acquires Salem, Ohio Heat-Treating Facility

The Metal Improvement Company, a wholly owned subsidiary of the Curtiss-Wright Corporation, announced today that it has acquired the commercial heat-treating business of privately-held Electric Furnace Company in Salem, Ohio.

"This acquisition enhances our position as one of the world's leading metal treatment service providers," said Martin Benante, Chairman and CEO of Curtiss-Wright. "This addition fits into our strategic plan to expand our network of heat-treating facilities in North America through acquisition. Electric Furnace has an excellent reputation for high-quality work and has built up a customer base that includes major manufacturers of automotive equipment, lawn and garden equipment, and small machinery. The Salem operation is a profitable business that should add to our earnings immediately."

Metal Improvement Company, headquartered in Paramus, NJ, is a recognized worldwide leader in providing outsourced shot-peening, shot-peen forming and heat treating. These metal treatment services are provided to the aerospace, defense, automotive, petrochemical, agricultural equipment, power generation, medical and metalworking industries. Operations are conducted through a network of thirty-seven service facilities located in North America and Europe. More information on Metal Improvement Company can be found on the internet at www.metalimprovement.com.

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