Governor Barbour Visits Ice Industries Grenada Stamping and Assembly Plant

GRENADA, Miss., Oct. 5, 2005 – Ice Industries hosted Mississippi Governor Haley Barbour at its Grenada Stamping and Assembly plant, the largest metal stamping facility in the southern United States, on Wednesday, October 5.

Grenada Stamping and Assembly is a 400,000 square-foot manufacturing facility with capabilities that include metal stamping, roll forming, manual and robotic welding, buffing, assembly and packing. Ice Industries acquired Grenada Stamping and Assembly on March 30, 2005.

Ice Industries provides cost-effective, efficient resourcing solutions that allow manufacturers to focus on research, development and marketing efforts by offloading stamping and machining work.

During his visit to the Grenada facility, Governor Barbour addressed Grenada Stamping and Assembly’s 120 employees and local officials. He thanked the group for their hard work and dedication to the plant, which ultimately led to a strengthened local economy.

“I am pleased today to help recognize the contributions of two outstanding companies – Ice Industries Grenada Stamping and Assembly and Yorozu Automotive Mississippi – as the automotive manufacturing sector continues to develop in Mississippi,” said Governor Barbour. “These skilled workers are not only turning out world-class products, but also helping Mississippi achieve greater recognition in the automotive corridor here in the South. It is my hope that these companies will continue to grow; the state stands ready to assist in that effort.”

The former company saw significant financial hardship in recent years, bringing into question the plant’s long-term viability. In 2004, Ice Industries assumed management of the plant and it was acquired by Ice in early 2005. During that time, Ice Industries has helped to revitalize business, including establishing relationships with Yorozu and Brown Corp., two automotive suppliers.

“Governor Barbour and the local and state government were all major contributors to the continued success of Grenada Stamping and Assembly, so we are very happy to have the opportunity to thank the Governor personally for his support and help,” said Howard Ice, Chairman and CEO of Ice Industries. “This plant is a prime example of how teamwork between businesses and state and local government can lead to success.”

Current Grenada Stamping and Assembly customers include Electrolux, Nissan, Ford, Yorozu and Brown Corp.

About Ice Industries

Ice Industries is a metal stamping and machining company based in Sylvania, Ohio. The company has three facilities: Acklin Stamping in Toledo; Deerfield Manufacturing in Mason, Ohio and Grenada Stamping & Assembly in Grenada, Miss. The company works with leaders in the automotive, appliance and heat transfer/HVACR industries. For more information, please visit http://www.iceindustries.com.