CHINESE MILL ORDERS MORGAN HYDRAULICS
Worcester, Mass., USA, May 16, 2006

Angang New Iron and Steel, Anshan, Liaoning, People’s Republic of China, recently ordered new Hydraulic Automatic Gage Control (HAGC) cylinders for their new 1580 mm Hot Strip Mill from Morgan Construction Company’s MORGOIL® division in Worcester, Mass., USA.

The cylinders will be manufactured in Worcester for delivery to Anshan in the second half of 2006. These cylinders are used to provide high frequency response gage control to the hot rolling process.

“This order underscores the value of our global organization,” noted Gabriel Royo, Vice President and General Manager of MORGOIL®. “Morgan’s innovative engineers design products that we can service with our Morgan subsidiaries worldwide. In particular the HAGCs supplied to the Chinese market will be fully serviceable in Morgan’s manufacturing facility in Shanghai. Our global presence provides the most economical solution for our customers.”

Morgan Construction Company is a designer and producer of high-quality rolling mill products and services for the metal industry worldwide.

Questions or comments can be e-mailed to: sales@morganco.com