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IMPCO Names New Director Of Operations

1 December 1999

IMPCO Names New Director Of Operations IMPCO TECHNOLOGIES LOGO IMPCO Technologies logo. (PRNewsFoto)[DM] CERRITOS, CA USA 09/21/1999    

    DETROIT, Dec. 1 -- IMPCO Technologies, Inc.
announced they have named Michael W. Held as Director of Operations for the
Industrial Engine System (IES) division based in Sterling Heights, Michigan.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990921/IMPCOLOGO )
    As Director of Operations, Michael will be responsible for Manufacturing,
Quality, Engineering, Purchasing, and Materials Management, including Design,
Development, Manufacture, Test, Validate, and Certification of industrial
engine systems for the forklift and industrial engine applications with a
global customer base including Europe and Asia.
    Before joining IES, Michael held various positions with General Motors in
both the car and powertrain groups -- most recently as Program Manager for the
Delta Program, 2003 Saturn S Series.  Michael holds a Bachelor of Science in
Mechanical Engineering from Cornell University and a Master of Business
Administration from the University of Michigan.
    Brad Garner, IES Managing Director said "Michael brings tremendous talent
to the company and will be instrumental in maintaining IMPCO and IES as the
world leader in emission certified Industrial Engine Systems and fuel
systems."
    For more information about IES and emission certified industrial engines
contact Brad Garner at 1-810-264-1200 or email at
bgarner@impcotechnologies.com.

    IMPCO is the world leader to the Original Equipment Manufacturer (OEM)
market and aftermarket in supplying gaseous fuel management and storage
systems and components that allow internal combustion engines and other
propulsion systems to operate on alternative fuels such as natural gas,
propane, ethanol, methanol and hydrogen used in fuel cells.  IMPCO maintains
an approximate 30% world market share and has no global competitor that
competes in all markets and products.
    The market for alternative fuel products and systems is presently
estimated to be in excess of $300 million annually and is forecasted to grow
to $1.5 billion annually by the year 2003.  IMPCO's investment in technology
and partnering positions it to be uniquely situated for this anticipated
market growth.
    IMPCO produces OEM systems for motor vehicles, buses, trucks, forklifts,
and other material handling equipment and small portable to large stationary
engines.
    We are a company dedicated to a better world through cleaner air.  Our
promise to the environment is demonstrated by our continued expansion of
services, products and technologies in locations around the globe.
    IMPCO has more than 400 dealers/distributors and 14 corporate offices
worldwide with a worldwide market share of 30%.  Headquartered in Cerritos,
California, the company has additional facilities in: the United Sates,
Australia, Japan and Mexico.  It operates in the Netherlands, France, Germany
and the United Kingdom as IMPCO-BERU Technologies, B.V.