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FOR IMMEDIATE RELEASE
Contact: Mr. C. J. Bailey 606.768.3620
April, 1999

Boneal Announces Capital Expansion of $1.5 Million

Means, Kentucky Boneal announced a capital expansion totaling approximately $1.5 million. This project included production facilities, executive and business office space, and state-of-the-art computer controlled equipment for precision manufacturing of steel, aluminum, brass, and polymeric products.

According to Dr. Keith Gannon, President of Boneal, "This expansion represents a strategic continuation toward our goal of being a world-class supplier of products requiring significant and broadbased technical, manufacturing, and business expertise. Thanks to our tremendous technical strength, our focus on cost reduction, quality, on-time delivery, and overall flexibility, and our ability to utilize the very latest communication technology, we are now in the position to set the standard of service for 21st century manufacturers." This expansion was completed in April 1999.

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