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June 7, 2006

Wisconsin Chapter Plans Town Hall Meeting on Lost Manufacturing

June 07, 2006

Wisconsin Chapter Plans Town Hall Meeting on Lost Manufacturing

ROLLING MEADOWS, Illinois, June 7, 2006 – Business and association speakers from Wisconsin, Illinoisand North Carolina will highlight a town hall meeting on “Lost Manufacturing in the State of Wisconsin” on Monday, June 12, in Waukesha, Wisconsin.

The event is sponsored by the MSCI Wisconsin Chapter and is open to everyone who is concerned about the loss of North American manufacturing capacity, often as a consequence of illegal trade or currency practices, to low-cost centers of Asia and elsewhere.

Speakers include:

·         John Torinus, chief executive officer, Serigraph, Inc., the West Bend, Wisconsin, producer of printed and molded point-of-purchase, promotions, high tech, automotive, and sporting goods

·         James Buchen, vice president, government relations, for Wisconsin Manufacturers and Commerce

·         Robert Johns, director of marketing and government affairs for Nucor Corp., the steelmaker based on Charlotte, North Carolina

·         M. Robert Weidner, III, president and chief executive officer, Metals Service Center Institute, Rolling Meadows, Illinois

“Our members make and distribute industrial metals, and we know how seriously our customer base has eroded in the last several years,” said Thomas B. Madden, president of the chapter and general manager for Ryerson, Inc.’s Milwaukee service center. “Overseas currency manipulation, competition from low-wage countries, adverse trade policies, rapidly rising health insurance costs and more have taken a serious toll on the ranks of manufacturers, large and small.”

The event will begin at 5:30 p.m. at The Country Inn Hotel & Conference Center in Waukesha. Dinner begins at 6:15 p.m., followed by the town hall discussion at 7:15 p.m.

“A critically important part of the meeting will be when we open the floor for audience comments,” Madden said. “Personal experiences make a real difference in a meeting of this kind. We encourage everyone to come prepared to talk about decisions they have been forced to make to compete in this climate, or about customers who have either closed or who moved their plants offshore.”

 

About MSCI

Founded in 1907, the Metals Service Center Institute has more than 400 members operating from about 1,200 locations in the U.S., Canada, Mexico, and elsewhere in the world. Together, MSCI members constitute the largest single group of metals purchasers in North America, amounting each year to more than 65 million tons of steel, aluminum, and other metals, with about 300,000 manufacturers and fabricators as customers. MSCI’s membership also includes almost all ferrous and non-ferrous industrial metals producers in North America. Metals service centers inventory and distribute metals and provide first-stage fabrication services.

 

Contacts:

Tom Madden, Ryerson, Inc., 414-453-8000

Thomas.madden@ryerson.com

Jon Kalkwarf, MSCI vice president, 847-485-3007

jkalkwarf@msci.org

Steve Weiner, Readmore Communications, (847) 485-3011

sweiner@msci.org