Metaldyne Shares Powder Metal Technology with Mazda

PLYMOUTH, Mich., April 1 -- Metaldyne announced today that it has signed an agreement with Mazda Motor Corp., allowing the automaker to use its powder metal forged connecting rod technology for Mazda's new I4 global engine program. The engine will power Mazda's Atenza/Mazda 6 and other future vehicles.

For the past several years, Metaldyne has worked with Mazda through a technical licensing agreement to help the automaker develop powder metal forging technology that will enable Mazda to produce fracture-split powder metal forged connecting rods in Japan.

``We are very pleased that Mazda has selected Metaldyne's powder metal forged connecting rod process,'' said George Thanopoulos, president, Engine Group. ``This validates the advantages of Metaldyne's innovative powder metal technology.''

Metaldyne is a global leader in powder metal technology, having pioneered powder metal forged connecting rod technology in the 1980s. The improved product strength, weight distribution and NVH characteristics of powder metal forged connecting rods make them a growing industry trend. Today, Metaldyne is the market leader in powder metal forged connecting rods, with its technology applied in North America, Europe and Asia.

Powder metals, one of the fastest growing automotive materials on a content-per vehicle basis, are attractive to automakers because they can be formed into intricate parts. The powder metal process allows manufacturers to cut costs on critical parts by eliminating gear cutting, machining and other secondary operations that traditional metal-formed components require.

About Metaldyne

Metaldyne is a leading global designer and supplier of metal-based components, assemblies and modules for transportation-related powertrain and chassis applications, including engine, transmission/transfer case, wheel-end and suspension, axle and driveline, and noise, vibration control products to the motor vehicle industry. The company serves the automotive segment through its Chassis, Driveline & Transmission, and Engine Groups. In addition, Metaldyne holds leadership positions in commercial, industrial and consumer niche markets through its diversified proprietary products group.

Headquartered in Plymouth, MI, Metaldyne's annual revenues exceed $2.3 billion. The company employs more than 12,000 employees at over 80 facilities in 12 countries.