November 2005


Aleris completes ALSCO Metals acquisition

Beachwood, OH— Aleris International, Inc. announced the completion of the purchase of ALSCO Holdings, Inc., the parent company of ALSCO Metals Corporation.

Aleris International, Inc. is a manufacturer of common alloy aluminum sheet and is a global leader in aluminum recycling and the production of specification alloys.

Peterson appoints new regional sales manager

Eugene, OR— Peterson appointed Derek Izworski regional sales manager – Mid Central for the central Midwest United States effective October 1, 2005. This area of responsibility includes the states of Indiana, Illinois, Iowa, Kansas and Missouri. Izworski has experience in forestry, construction and waste recycling equipment. Prior to joining Peterson, Izworski worked for Vermeer in Charlotte, North Carolina.

Before joining Peterson, Izworski worked as a product sales specialist in the recycling machinery business, based in Charlotte, North Carolina.

Allied Waste names new member to board

Scottsdale, AZ— Allied Waste Industries, Inc. announced the appointment of Joshua J. Harris to its board of directors effective September 29, 2005.

Harris assumes the seat on Allied Waste’s 11-person board that opened when Michael S. Gross announced his decision to resign from the Allied Waste Board.

Gross, one of the founding partners of Apollo Advisors, L.P. and the chairman and chief executive officer of Apollo Investment Corporation, had served on Allied Waste’s Board since 1997.

Since 1990, Harris has served as a founding senior partner of Apollo Advisers, L.P.

Prior to that time, Harris was a member of the Mergers and Acquisitions department of Drexel Burnham Lambert Incorporated.

INTERMET reorganization plan confirmed by court

Troy, MI— INTERMET Corporation, a manufacturer of cast-metal components, announced that the United States Bankruptcy Court for the Eastern District of Michigan has confirmed INTERMET’s Plan of Reorganization. The confirmation is subject to the entry of a formal confirmation order.

Under the confirmed Plan of Reorganization there are a number of conditions that must be satisfied in order for the confirmed Plan to become effective, including the closing and initial funding of a post-bankruptcy credit facility. INTERMET has received a commitment letter from Goldman, Sachs & Co. with respect to this facility, and is in the process of negotiating a definitive credit facility. INTERMET currently expects that it will enter into the post-bankruptcy credit facility, satisfy the other conditions to Plan effectiveness and emerge from Chapter 11 during the month of October 2005.

The material terms of the confirmed Plan are summarized in INTERMET’s Amended Disclosure Statement approved by the Bankruptcy Court on August 12, 2005.

Damon Davis elected to ARA board

Fairfax, VA— Damon Davis, has been elected chairman of the Regional Directors of the Automotive Recyclers Association (ARA). In his capacity, Davis serves on the board of directors of the Automotive Recyclers Association. Additionally, Damon serves on the Events Advisory and CAR (Certified Auto Recycler) committees.

Damon manages Freeman’s Auto Salvage Center, Inc. an automotive recycling and salvage facility.

Flowserve names Pinkston VP of human resources

Dallas, TX— Flowserve Corp. announced the appointment of Joseph R. Pinkston as vice president of human resources. His responsibilities will include strategic plans and policies to support the global human resources function. Pinkston, brings more than 20 years of experience to Flowserve and will work to align talent and strategies that impact business performance.

Most recently, Pinkston served as senior vice president of human resources for Unisource Worldwide. He has served in senior human resources roles with Russell Corp., Hussmann International, Barnes Group and AlliedSignal Inc.

Perma-Fix converts series 17 preferred stock

Atlanta, GA— Perma-Fix Environmental Services, Inc. announced that Capital Bank GRAWE Gruppe, AG, converted the 2,500 shares of the Company’s Series 17 Class Q Convertible Preferred Stock, effective September 26, 2005. Pursuant to the terms of the Series 17 Preferred Stock, the conversion resulted in the issuance of 1,666,667 shares of the Company’s common stock to Capital Bank as agent for its investors. The final dividend due on the Series 17 Preferred of approximately $30,000 for the period from July 1, 2005, through the conversion date will be paid in October 2005.

No shares of Series 17 Preferred Stock remain outstanding. Following the conversion, Capital Bank holds, as agent for its investors, 6,425,375 shares of the Company’s common stock, representing approximately 14.4% of the Company’s issued and outstanding common stock as of September 30, 2005, and warrants to purchase up to an additional 2,659,807 shares of common stock.

Phelps receives ARA President’s Award

Fairfax, VA— Owner and president of Central NH Sales, Inc. dba Central NH Used Parts, Bob Phelps, was presented with the Automotive Recyclers Association’s (ARA) President’s Award at ARA’s 62nd Annual Convention and Exposition held in Tucson, Arizona.

A member of ARA for over two decades, Mr. Phelps is active in association activities, most recently serving as ARA’s chairman of regional directors, a member of the budget committee and being instrumental in developing legislative issues to present to capitol hill representatives during ARA’s Hill Days conference this past March.

Bob’s Concord-based Central NH Used Parts is a Gold Seal and Certified Auto Recycler (CAR) member.

Mining association names new member of the board

Scottsdale, AZ— El Capitan Precious Metals, Inc. elected the company’s president/CEO, Chuck Mottley, to the board of directors.

Chuck Mottley joins a NMA board that includes Newmont Mining Corporation, Cleveland-Cliffs, Inc., Barrick Gold Corporation, Placer Dome USA and Kennecott Utah Copper Corp. In addition Mottley was appointed to serve on the Environment Committee and the Government Affairs Committee.

Peterson appoints Blower Truck sales manager

Eugene, OR— Peterson appointed Dave Stone, Blower Truck sales manager effective October 1, 2005. Stone will be coordinating domestic and international Blower Truck sales and marketing efforts with Peterson’s area and regional sales managers and with Peterson distributors.

Stone has industrial sales experience including truck engines, auto transport equipment and three years selling Blower Trucks. He will be based in Portland, Oregon.

Earth Tech appoints new district managers

Long Beach, CA— Earth Tech Inc., a business unit of Tyco International Ltd, and a global provider of consulting, engineering and construction services, has appointed Frank Gorry, P.E., and Lou Tortora, P.E., district managers for its Southeast and Northeast districts.

Frank Gorry, a senior vice president, will be responsible for day-to-day management of 10 offices in the southeastern United States, from Kentucky and Mississippi to North and South Carolina and Florida. He has been with Earth Tech for eight years, serving most recently as the district manager of the Northeast District.

As senior vice president for Earth Tech’s Northeast District, Lou Tortora will oversee the company’s nine offices in New England, New York, New Jersey, and Pennsylvania. Most recently, he served as vice president of business development for Earth Tech’s water practice.

Clevite’s Ken Carter receives PERA award

Chantilly, VA— The Production Engine Remanufacturers Association (PERA) presented their prestigious “Associate Member of the Year” Award to Ken Carter, vice president of sales with Clevite. Carter joined Dana in 1972 as a district sales manager trainee and has held numerous sales related positions in both the OE and aftermarket with Clevite.

Carter was recognized for his previous service as a member of the PERA board of directors, his service to PERA as program chairman for several years, and his active endorsement and promotion of as a great source of valuable information for the production engine remanufacturer as well as the custom engine rebuilder.

Mettler Toledo and Parker Hannifen enter agreement

Parker Hannifin Corporation and Mettler Toledo have entered into a mutually exclusive partnership agreement in the United States, whereby Mettler-Toledo, Inc., will provide preventative maintenance support for analytical gas generators manufactured and sold by Parker Hannifin Corporation.

While in the past only a depot repair option could be offered for Parker’s installed base of +40,000 gas generators, the partnership with Mettler Toledo puts Parker Hannifin in a unique position to offer professional on-site services to its gas generator user customers.

RMA forms industrial resources council

Washington, DC— A group of industry associations have formed an alliance to help promote markets for industrial by-products.

The Industrial Resource Council (IRC) was formed by the Rubber Manufacturers Association, the American Coal Ash Association, the Foundry Industry Recycling Starts Today, the National Council for Air and Stream Improvement and the National Slag Association.

Metals USA appoints McPherson senior VP/CFO

Houston, TX— Metals USA, Inc. announced that it will appoint Robert C. McPherson III as senior vice president and chief financial officer effective upon closing of the pending acquisition of the company by affiliates of Apollo Management, L.P. McPherson will replace Terry L. Freeman, the company’s current chief financial officer, who plans to resign upon completion of the transaction with Apollo to pursue other interests.

McPherson, who joined the company in March 2003, was most recently senior vice president and president of the company’s Building Products Group, and prior to that senior vice president, Business Development. Before joining the company, McPherson worked for California Steel Industries, Inc. as controller and treasurer.

The company also announced the promotion of Gerard Papazian to president of the Building Products Group, succeeding McPherson. Papazian, currently serves as vice president of operations for the Building Products Group and has over 20 years of experience in senior management positions in the building products industry.

SSI’S Grease Gator parts washer wins award

Chicago, IL— As one of ten honorees at the 2005 Chicago Innovation Awards, SSI (Solvent Systems International) of Elk Grove Village has redefined parts washing with their Grease Gator Aqueous Parts Washer System.

The aqueous Grease Gator, developed with the University of Illinois, was selected from more than 130 nominees to be recognized among the area’s best innovations of the year. Winners were selected based upon the uniqueness of product and services, fulfilling an unmet need, exceeding customer expectations and the achievement of market success.

“We are very pleased to be recognized for this innovation,” said Steve Rundell, president of SSI. “Our mission is to develop and bring to market the most promising, cost-effective pollution prevention technologies. The Grease Gator is our latest innovation and it will revolutionize the parts washing industry,” said Rundell.

GreenShift appoints head of Tornado Trash Corp.

Mount Arlington, NJ— GreenShift Corporation announced the appointment of Lt. Commander John “Whit” Davis as its chief executive officer to head GreenShift’s new wholly-owned portfolio company, Tornado Trash Corporation.

Lt. Commander Davis has a broad base of diversified management, engineering, operational and business development experience. Most recently, Lt. Commander Davis was the technical director for special projects at Vortex Dehydration Technology, LLC, where he led product design, development and implementation for many applications of the technologies underlying GreenShift’s Tornado Generator™.

ANH Refractories files plans of reorganization

Pittsburgh, PA— ANH Refractories Company and its affiliated operating companies, A.P. Green Refractories Company, North American Refractories Company and Harbison-Walker Refractories Company (collectively “ANH”), filed their First Amended Plans of Reorganization (“Plans”) on September 15, 2005. The next step in the process is for the Bankruptcy Court to determine that the Plans meet applicable legal requirements.

ANH Refractories Company is a family of companies that sells and services under the well-recognized trade, service and brand names: A.P. Green, North American Refractories Company and Harbison-Walker. These businesses provide high-grade fireproof ceramic refractory products and services for high- temperature applications in the cement and lime, energy, chemicals, non-ferrous metals, glass, iron and steel, and environmental technology industries.

NewGen Technologies announces new CFO

Charlotte, NC— NewGen Technologies, Inc. announced that, Scott A. Deininger has been named to the position of NewGen’s chief financial officer. Prior to this appointment, Mr. Deininger served as senior vice president of finance and administration at American Tire Distributors Holdings, Inc.

Scott Deininger served as treasurer and senior vice president of finance and administration at American Tire Distributors Holdings, Inc. from July, 2003 to October, 2005. From January, 2001 until June, 2003, Mr. Deininger served as vice president and corporate controller of Safety-Kleen Corporation, prior to which he was the CFO of Carmeuse North America.

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