Forest City Technologies Celebrates 20th Anniversary As Henkel Loctite Authorized Process Center

ROCKY HILL, Conn., March 26 -- Forest City Technologies of Wellington, Ohio, is celebrating its 20th anniversary as a Henkel Loctite authorized process center. The company coats threaded fasteners with pre- applied Loctite(R) threadlockers and thread sealants and applies cured-in- place gasketing materials to automotive parts. These fasteners and parts are used by automotive OEMs and tiered suppliers in manufacturing equipment and components.

For 20 years, Henkel Loctite has provided pre-applied anaerobic adhesives and integrated dispensing equipment to Forest City Technologies. "Our introduction of the Henkel Loctite product line sparked a mutually beneficial relationship that has developed into a multimillion dollar business," explained John Cloud, president of Forest City Technologies. "The vast Loctite product offering and diverse chemistries, combined with our parts- handling and processing capabilities, has created a world-class, problem- solving resource for our customers."

According to Mike Olosky, vice president of marketing for Loctite Automotive, "We are pleased that Forest City has the confidence in Loctite products and has made this long-term commitment with us as an authorized process center. Our history with Forest City delivering high-quality products and backing them up with excellent technical and engineering support has made us an asset to their organization."

Founded in 1956, Forest City Technologies, Inc. is an industry leader in the fields of pre-applied fastener coatings and the production of customized seals, gaskets and o-rings. The company's corporate headquarters and manufacturing base is located in Wellington, Ohio, with additional production facilities in Cleveland, Ohio; Avon, Ohio; Rockford, Ill.; and Wixom, Mich. With more than 700 employees, Forest City serves the transportation, electrical, industrial, appliance, health and infant care markets.

Since 1997, Henkel Loctite Corporation, formerly Loctite Corporation, headquartered in Dusseldorf, Germany, has been part of the Henkel Group. It operates in markets as diverse as electronics, automotive, aerospace, biomedical and general industry. Henkel is a leader in consumer brands and technologies. The branded business sectors are Laundry & Home Care, Cosmetics/Toiletries and Consumer and Craftsmen Adhesives. Henkel Technologies is the world market leader in Industrial Adhesives and Surface Technologies. The three systems businesses -- Henkel Industrial Adhesives and Sealants, Loctite Engineering Adhesives and Henkel Surface Technologies -- supported by their worldwide presence and strong technology base, are the pillars of Henkel Technologies' success. In Laundry & Home Care and in Cosmetics/Toiletries, Henkel holds a leading position in Europe. "Henkel - A Brand like a Friend:" With strong brands and advanced technologies of superior quality and value Henkel makes people's lives easier, better and more beautiful. The company operates in more than 75 countries. In the first nine months of 2002, Henkel Group generated sales of 7.3 billion Euro and an operating profit (EBIT) of 490 million Euro. A total of 46,219 employees work for Henkel on a worldwide basis.