March 2006

BUSINESS/ORGANIZATIONAL BRIEFS

AISI appoints Krupitzer VP of auto applications

Washington, DC— The American Iron and Steel Institute (AISI) has announced the promotion of Ronald P. Krupitzer to the position of vice president of automotive applications.

In this position, Krupitzer’s responsibilities consist of developing and implementing strategies for AISI’s Automotive Applications Committee (AAC), whose focus is advancing the competitive use of steel in the light vehicle market. This work includes active participation in the Auto/Steel Partnership and leadership of AAC’s research, education and technology transfer activities.

Krupitzer began his career in 1968 in the research and development section of Republic/LTV Steel Company, and in 1982 he advanced to process development manager. Kupitzer joined Daimler Chrysler Corporation in 1985, where he held management positions in the company’s Materials Engineering and Stamping Divisions. He was a member of the corporate integration team established to improve maintenance practices through the company.

R.W. Beck opens DCoffice, adds two consultants

Washington, DC— R. W. Beck, Inc. has opened an office in the Washington, DC area to better assist solid waste, water and energy clients in the East. In addition, two consultants will staff the new office.

Steven R. Stein has worked in the public and private sectors of recycling for more than 20 years. Prior to joining R. W. Beck, Stein worked at Gershman, Brickner & Bratton, Inc. (GBB) in Fairfax, Virginia. as a senior project manager for litter surveys in New Jersey and California. He also developed and implemented a sampling and analysis protocol for a curbside recycling quantification and characterization study.

Kristian Ferguson joins R. W. Beck with more than five years of experience. He also previously worked at GBB. His experience includes work in recycling, solid waste reduction, waste-to-energy, solid waste management and litter surveys for the states of Mississippi, North Carolina, New Jersey and California.

ADESA makes acquisition

Carmel, IN— ADESA, Inc. has agreed to acquire N.E. Penn Salvage Company, an independently owned salvage auction in northeast Pennsylvania.

The auction is located in Pittston, Pennsylvania, just southwest of Scranton.

Full service Cozzi Consulting Group formed

Chicago, IL— Albert Cozzi, former CEO of Cozzi Iron & Metal and Metal Management, and Frank Cozzi, national chair-elect of the Institute of Scrap Recycling Industries (ISRI), have joined with four other members of the Cozzi family to launch Cozzi Consulting Group, a new sales and management consulting firm specializing in the marketing of scrap metal, paper and plastic. Cozzi Consulting Group will offer a full line of services designed to help manufacturers, demolition contractors, scrap companies and other generators of scrap products maximize the value and revenue generated from their recyclables stream.

Greg Cozzi, Anthony Cozzi, Dorese Goldsmith and Terri Freeman are among the other members to join the firm.

Thomas Gannon returns to Kaiser Aluminum

Foothill Ranch, CA— Kaiser Aluminum announced that Thomas P. Gannon has returned to the company as vice president of Marketing, Aerospace and Distribution Products. Gannon worked previously with Kaiser Aluminum from 1977 to 1999.

Based out of Cleveland, Ohio, Gannon will lead the commercial efforts in the marketing of Kaiser Aluminum’s sheet & plate, rod, bar, tube and soft alloy extrusion products globally.

Gannon joined Kaiser Aluminum in 1977 and assumed progressively higher-level positions in sales and marketing management, primarily in the company’s forgings and extrusions business. From 1999 to 2005, he worked at Alcan Corporation, first as automotive market director and then as vice president.

HydroGen Corp. appoints three board members

Cleveland, OH— HydroGen Corporation announced the appointment of three new members to its board of directors.

John Freeh, Dr. Howard-Yana Shapiro and Brian Bailys join the board as directors, expanding HydroGen’s board to five members, including executive directors Dr. Leo Blomen, HydroGen’s chairman and CEO, and Joshua Tosteson, HydroGen’s president.

Freeh is the president of Lockheed Martin Systems Management. He is responsible for the oversight and integration of all of Lockheed Martin energy-related activities.

Dr. Shapiro was a university professor for 15 years, twice a Fulbright Scholar, twice a Ford Foundation Fellow and a winner of the National Endowment for the Humanities Award.

Brian Bailys is the principal of The Bailys Group, a consulting firm he founded in 1993 and has been a certified public accountant since 1983.

Schnitzer Steel declares quarterly dividend

Portland, OR— The Board of Directors of Schnitzer Steel Industries, Inc. (Schnitzer) declared a cash dividend of $.017 per common share, payable February 28, 2006 to shareholders of record February 13, 2006. Schnitzer has paid a dividend every quarter since going public in November 1993.

Rock-Tenn announces price increases

Norcross, GA— Rock-Tenn Company’s Paperboard Division announced a $15 per ton increase on all uncoated recycled paperboard grades, effective with shipments March 6, 2006. This increase is in addition to the Company’s October 2005 increase implemented previously.

Enova adds director of planning and operations

Torrance, CA— Enova Systems, a developer and manufacturer of electric, hybrid and fuel cell digital power management systems, announced that John Dexter has joined the company as director of planning and operations. Dexter will be responsible for much of Enova’s operational activities as well as aiding in Enova’s resource and planning for its future growth.

Dexter’s experience has focused on the development and delivery of complex, innovative transportation projects with companies such as Port Authority of New York/New Jersey, Transit Systems Management and Seattle Monorail Services. Dexter’s resume also includes work with General Motors, United Technologies and Martin Marietta.

Newpark Resources appoints Warren to board

Metairie, LA— Newpark Resources, Inc. announced that Gary Warren has joined its board of directors. Warren spent the past 33 years in various management and executive positions in the oilfield services industry and recently retired from Weatherford International, Ltd., where he served as senior vice president and president of the Drilling and Well Services Division.

Republic Services reports record earnings for 2005

Ft. Lauderdale, FL— Republic Services, Inc. reported that for the three months ended December 31, 2005, net income was $60.0 million, or $0.43 per diluted share, compared to net income of $57.6 million, or $0.38 per diluted share, for the same period in 2004. Net income for the three months ended December 31, 2005 included a non-cash charge of $1.3 million, net of tax, or approximately $0.01 per diluted share, related to the acceleration of the vesting of all outstanding stock options previously awarded to employees. Revenue for the three months ended December 31, 2005 was $738.1 million compared to $687.7 million for the same period in 2004. Operating income for the three months ended December 31, 2005 was $115.4 million compared to operating income of $109.6 million for the same period last year.

Terex names Barr senior VP, human resources

Westport, CT— Terex Corporation announced that, effective January 3, 2006, Kevin Barr has been named senior vice president, human resources of Terex Corporation. Barr previously had been vice president, human resources of Terex. Barr joined Terex as the Company’s top human resources officer in September 2000.

Prior to joining the Company, Barr served as vice president-human resources at DBT Online since 1998. From 1995 to 1998, Barr was at Nabisco, Inc. as vice president-human resources, Asia/Pacific.

Garris named president, Hubbell Steel Corporation

Buffalo, NY— Gibraltar Industries, Inc. announced the appointment of Ronald R. Garris to president, Hubbell Steel Corporation, a division of the Processed Metals Group.

Garris, will oversee all aspects of Hubbell’s operations, including sales, marketing, customer service, processing, and distribution. He will report directly to Ken Matz, group president.

Most recently, Garris served as vice president, MBA Building Supplies SE, Inc., where he oversaw southeast operations for the steel stud manufacturer.

Prior to MBA, Garris served as a consultant to Clark Steel Framing, and as president of Dale/Incor-Dale Industries, Inc., a privately-owned steel framing manufacturer.

Santello named as VP, business development

Pittsburgh, PA— MHF Logistical Solutions Inc. said that Richard Santello has been appointed vice president, business development.

Santello, a waste management industry veteran with substantial senior management experience in the environmental services field, is now managing MHF-LS’ sales force and other business development activities.

Prior to joining MHF-LS, Santello worked as senior vice president for Clean Harbors, Inc., in Braintree, Massachusetts, a $650 million-a-year provider of environmental and waste management services, where he managed their landfill group, large projects and distributor services.

Previous positions include managing business development for Edward C. Levy Company, a Detroit-based recycler of construction materials and steel industry byproducts.

Mid America Recycling buys Rock-Tenn plant

Des Moines, IA— Mid America Recycling Company (MAR) announced the purchase of Rock-Tenn Converting Company’s paper recovery facility located in Dallas, Texas. The Dallas Plant will be combined with MAR’s recycling facility in Dallas under the name Vista Fibers.

This is the second acquisition by MAR within a 12-month period. MAR was in the news in April 2005 when it announced the purchase of Vista Fibers, a regional leader in the paper recycling industry.

Lorincz appointed director, auto communications

Washington, DC— The American Iron and Steel Institute (AISI) announced the promotion of Deanna S. Lorincz to director, automotive communications. In her role, Lorincz will manage strategic marketing, public/media relations and advertising for AISI’s Automotive Applications Committee and the Bar and Rod Market Development Group, as well as the Strategic Alliance for Steel Fuel Tanks (SASFT) and the newly formed Tailored Steel Product Alliance (TSPA).

In addition to her responsibilities with AISI, Lorincz will manage marketing and technology transfer efforts for the Auto/Steel Partnership.

CFO of Kaiser Aluminum announces resignation

Foothill Ranch, CA— Kaiser Aluminum announced that Kerry A. Shiba has resigned as chief financial officer.

The company also announced the creation of the “Office of the CFO,” which will handle Shiba’s duties until a successor is determined. The “Office of the CFO” will consist of president and CEO Jack A. Hockema, vice president and controller Daniel D. Maddox and vice president and treasurer Daniel J. Rinkenberger.

C.N. Wood Co. joins Heil distributor network

Chattanooga, TN— C.N. Wood Co., Inc., was named an authorized Heil Environmental distributor effective January 2006. C.N. Wood has been a family-owned distributorship in New England since 1964 and a distributor of refuse equipment since 1966. C.N. Wood will now offer its customers a full line of Heil front loader, rear loader, recycle and automated refuse collection vehicles, as well as replacement parts from Parts Central, a Heil company. C.N. Wood also carries a range of other municipal and construction equipment, including street sweepers and sewer cleaners.

Reliance Steel & Aluminum names new board member

Los Angeles, CA— Reliance Steel & Aluminum Co. announced that Richard J. Slater has joined its board of directors effective January 1, 2006. Slater is the president and a director of ORBIS LLC, an investment and advisory firm, and is an advisor to the chairman and chief executive officer of Jacobs Engineering Group, Inc., a New York Stock Exchange-listed company that provides global technical professional services. Slater served in various positions with Jacobs Engineering Group from 1980-2003, most recently as executive vice president of Worldwide Operations. Slater received a degree in Civil Engineering from the University of Aston in the United Kingdom.

Waste Control Specialists announces new president

Dallas, TX— Rodney A. Baltzer has been named president of Waste Control Specialists LLC (WCS). Rod succeeds George E. Dials, who left to become president and general manager of the BWXT Y-12 facility. All other members of the WCS operating management and technical teams will remain unchanged.

 


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