Ice Provides Support to Automotive Supplier Magna

TOLEDO, Ohio – Nov. 15, 2007 – Ice Industries, a leading metal stamping, welding and assembly company, has begun providing manufacturing support to Magna, the most diversified automotive supplier in the world.

Ice has begun production of stamped metal parts for Magna’s Bowling Green Metalforming division from three of its locations. Magna will be supplied primarily from Ice’s Deerfield Manufacturing facility in Mason, Ohio and Grenada Stamping and Assembly in Grenada, Mississippi.

Ice will supply over $4.5 million in parts annually for various automotive platforms as the Tier 2 supplier to Magna. The parts are generally used as part of the full perimeter frames that Magna supplies to its various automotive customers.

“We are very pleased to have Magna as a customer of Ice Industries. In this challenging automotive environment we believe Magna is a premier Tier 1. We have found them to be compatible with our collaborative approach to business”, said Paul Bishop, president and chief operating officer, Ice Industries. “We’re thrilled for the opportunity to work with one of the largest players in the automotive industry.”

About Magna

Magna is the most diversified automotive supplier in the world. We design, develop and manufacture automotive systems, assemblies, modules and components, and engineer and assemble complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in North America, Europe, Asia, South America and Africa. Magna’s capabilities include the design, engineering, testing and manufacture of automotive interior systems; seating systems; closure systems; metal body and structural systems; vision systems; electronic systems; exterior systems; powertrain systems; roof systems; as well as complete vehicle engineering and assembly.

Magna has approximately 83,000 employees in 229 manufacturing operations and 62 product development and engineering centers in 23 countries.

About Ice Industries

Ice Industries is a metal stamping, welding and assembly 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 also operates Ronfeldt Manufacturing’s two locations in Toledo, Ohio and Monterrey, Mexico. The company works with leaders in the automotive, appliance and heat transfer/HVACR industries. For more information, please visit