Pennsylvania Precision Cast Parts, Inc.
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Newsletter - Winter 2003

President's Message | VP's Message | Customer Profile - Pulsafeeder |
PPCP United Way Campaign

A Message from Our President

The first three quarters of this year have been among the most difficult in the history of PPCP. It seeems as if our customers needed less and less of the castings we produce for them while at the same time we have experienced operational problems that have caused our scrap and internal costs to be higher than we have ever experienced.

As I write this article, I am truly hopeful that we are seeing the light at the end of this long tunnel. There are three factors that are causing my positive outlook:

1. As you all know, on September 19, 2003 we completed the merger with Quality Investment Casting in Berks County. This was the culmination of many months of discussions between Al Ottinger, President of QIC, and myself, considering the benefits of such a merger and how to structure a financial package that would work for both companies. The result of all of the work was the completion of the merger, which has transferred all of QIC’s tools and customers here to Lebanon, as well as the purchase of all of QIC’s production equipment. To date almost every QIC customer has expressed a willingness to have us manufacture their parts. Now it us up to us to do the job successfully and not disappoint them. I project that this work will be adding $250,000 to $400,000 per month to our vol-ume. In addition, Al Ottinger has joined our staff in the capacity of VP of Sales and will be working hard to bring additional work to PPCP in the months to come. I should also mention that Rick Schmidt, who was also an owner of QIC, has joined our staff and has worked countless hours to make the transfer of work from QIC to PPCP a success.

2. After months of experiments, we have found a solution to our dip room slurry formula problems that has reduced out scrap from blowouts and non-fill to a much lower level that we have experienced in a long while. September was the first month in many that these were not our top scrap reasons for the month. We also saw our internal scrap drop below 10% and move toward our goal of reducing internal scrap to or below 7%.

3. There appears to be positive news on the economic scene. In our case, the core PPCP bookings for the month of September where the highest we have seen in over a year and October bookings are strong as well. Every economic indicator is pointing to the fact that we have passed the bottom of the economic decline and are on the upward path again. This will only provide good news for PPCP in the months ahead.

I am reminded that this will be the last newsletter we publish before the end of the year, and though this is early, I would like to take this opportunity to wish each of our PPCP employees and their family a blessed Thanksgiving and Christmas Season. In the hectic world we find ourselves in, it is important that we set aside time during these holidays to reflect on the blessing of our families and the wonderful gifts we have received from God . . . the most wonderful of all being the advent of Christ who’s arrival we celebrate at Christmas, but who’s gift through His death provides a way of Salvation.

Thank you all for your part in making PPCP a success.

Dick Miller

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"On September 19, 2003 we completed the merger with Quality Investment Casting in Berks County."






"...we have passed the bottom of the economic decline and are on the upward path again."

A Message from Our VP of Sales

The past few months have been very challenging and rewarding, as we have merged PPCP and QIC. When the dust settles we will emerge stronger than ever before. As we head into 2004, we are con-fident exciting things will be happening for our company and our customers.

All QIC personnel that have been added to the staff are pleased to have become part of the PPCP team. We have been impressed with the cooperation shown in ensuring this transition period proceeds smoothly. We're excited about the ability to add the strengths we developed at Quality Investment Castings, Inc. to the
extensive talent at PPCP.

I'm also excited about the expanded resource base at PPCP and my opportunity to focus on finding better ways to serve all of our
customers. We realize that the American manufacturing environ-ment has become more challenging and we need to continually add value for our customers in order to ensure our competitive position.

Please feel free to contact me if you have any metallurgical con-cerns or if there is any other way that I can be of assistance. I am eager to work with the entire customer base to make PPCP’s serv-ice more effective than ever before.

Alan

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"We're excited about the ability to add the strengths we developed at Quality Investment Castings, Inc. to the
extensive talent at PPCP"

Customer Profile

PPCP is pleased to profile a new company we are serving as a result of our recent merger with QIC.

Pulsafeeder, which is located in Rochester, NY, is the leading globalmanufacturer of chemical injection metering pumps and pump con-trollers. Pulsafeeder offers the world's widest range of precision hydraulic diaphragm metering pumps, mechanical diaphragm meter-ing pumps, solenoid actuated metering pumps, peristaltic pumps, gear pumps, regenerative turbine pumps, multiple stage centrifugal pumps, sealless mag drive pumps, sliding vane pumps, pump con-trollers, and chemical feed system pumping technologies.

Pulsafeeder buyers Paula Rice and Mark Stella visited our facility in early October of this year. We have processed many orders for Pulsafeeder since the transition with positive results.

Pulsafeeder also buys castings directly from machine shops with whom they are affiliated. As a result there are other customers for whom we make parts for that ultimately end up in Pulsafeeder’s Rochester facility. These machine shops include Atlantic Engineering, Jrlon, Willard Machine, and E&R Machine.

Andrew Miller, Sales Manager

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"Pulsafeeder buyers Paula Rice and Mark Stella visited our facility in early October of this year."

PPCP United Way Campaign

The 2003 PPCP United Way Campaign was kicked off with an employee meal on Octobeer 22, 2003. The hamburgers and hot dogs were grilled by many of PPCP’s department heads. At the end of our drive, $11,065.00 was pledged by our employees to United Way of Lebanon County. This total exceeded our company goal of $10,000. A total of eight PPCP employees pledged $500.00 and were added to the ‘JOIN THE LEADER GROUP” for 2003. These employees will have the opportunity to have a tour of some United Way Agencies and a meal later in the year.

Prior to this year’s PPCP United Way Campaign, many of our suppliers were contacted to see if they would be interested in donating various incentive gifts.

A BIG THANK YOU to the following companies for their generous contributions:
R L Johnson A Duie Pyle, Inc
E A C Corportation Buntrock Industries
DAI Ceramics Lawson Products, Inc
Western Berks Machine & Tool, Inc Certech Inc.
Allied Metals High Food Services
Inductotherm Corp National Abrasive Sales, Inc
Metal Prep M. Argueso & Co Inc
Fireline Inc Pyrotek, Inc
Ransom & Randolph

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"At the end of our drive, $11,065.00 was pledged by our employees to United Way of Lebanon County"


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