Accuride and Amcast/Speedline Form Joint Intl. Marketing Agreement

    EVANSVILLE, Ind. & DAYTON, Ohio--Oct. 2, 2001-- Accuride Corporation announced today that it has entered into a joint international marketing agreement with Amcast Industrial Corporation and its subsidiary Speedline s.r.l. The agreement establishes procedures for the global joint marketing of each corporation's aluminum wheel product line for heavy/medium vehicles.
    Accuride produces forged aluminum wheels at its Erie, Pennsylvania, and Cuyahoga Falls, Ohio, facilities. Amcast produces cast aluminum wheels through its wholly owned subsidiary Speedline s.r.l. in Bolzano, Italy.
    "Accuride and Amcast are dedicated to creating avenues by which we can assure our customers that we have the means to meet their global wheel needs," explained Bill Greubel, Accuride's President and CEO. "Last year, Accuride developed such a network in Europe for the steel side of our business through the Accuride/Gianetti alliance. And, now through the Accuride/Amcast agreement, we have achieved very similar avenues for our aluminum wheel product line."
    "As a result of this agreement both corporations will now be able to provide their customers with a full-line European or North American local supply of aluminum wheels -- either forged or cast," added Larry Taylor, Accuride's Vice President of Sales and Marketing.
    Byron O. Pond, Amcast's President and CEO, stated, "The added value of this agreement will go beyond the mere combination of marketing opportunities. It will also utilize the development and advanced research capabilities of both companies, who are leaders in their respective fields. Accuride forged truck wheels and Speedline cast flow formed wheels are, in fact, at the highest levels of currently available technology for heavy duty products. The Accuride/Amcast agreement applies to aluminum wheels for medium and heavy class 6, 7, and 8 vehicles. Each firm will continue to separately market their products for light vehicles."
    Accuride Corporation is North America's largest manufacturer and supplier of wheels for heavy/medium trucks and trailers. The Company offers the broadest product line in the North American heavy/medium wheel industry and is the only North American manufacturer and supplier of both steel and aluminum heavy/medium wheels. Accuride Corporation also produces wheels for buses, commercial light trucks and sport utility vehicles, and for passenger cars. Accuride Corporation has steel wheel operations in Henderson, Kentucky; Columbia, Tennessee; London, Ontario, Canada; and in Monterrey, Mexico. Accuride has aluminum wheel operations in Erie, Pennsylvania, and Cuyahoga Falls, Ohio. Additionally, the Company produces tire molds at its Erie, Pennsylvania, facility. Accuride is also involved in a commercial tire and wheel assembly joint venture in Springfield, Ohio, and Talbotville, Ontario, Canada, and in a strategic alliance in Ceriano Laghetto, Italy. For more information, visit Accuride's website at http://www.accuridecorp.com.
    Amcast Industrial Corporation is a leading manufacturer of technology-intensive metal products. Its two business segments are brand name Flow Control Products marketed through national distribution channels, and Engineered Components for original equipment vehicle manufacturers. The company serves the automotive, construction, and industrial sectors of the economy. Amcast is a leading producer of aluminum wheels in North America. Speedline, a division of Amcast, is the largest European OEM manufacturer of light alloy wheels for cars, industrial vehicles and buses, and one of the most important racing wheel manufacturers in the world. For more information, visit Amcast's website at http://www.amcast.com.
    Statements contained in this news release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, beliefs and intentions on strategies regarding the future. Accuride assumes no obligation to update the information included in this release.