MORGAN RECEIVES BEARING CONTRACT

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MORGAN RECEIVES BEARING CONTRACT
20 April 2004 - Morgan Construction Company

The MORGOIL® Bearing division of Morgan Construction Company has received a contract from China First Heavy Industries Co., Ltd., a mill builder located in Dalian City, the Peoples Republic of China.

According to Gabriel Royo, Vice President and General Manager of MORGOIL, 'The Bearing contract is to support a new 2-stand reversing plate mill that China First Heavy Industries is building for Tianjin Iron & Steel Company, of Tianjin City, the People’s Republic of China.'

He added, 'Engineering and technical support for this contract will be supplied by the company’s headquarters facility in Worcester, Massachusetts, while the equipment and manufacturing components will be manufactured at the company's Morgan-Shanghai manufacturing facility in China.

'This contract demonstrates Morgan's superior support for the growing 'flat products' installations in the Chinese market,' he concluded.

Delivery is scheduled for October 2004.

The MORGOIL Bearing Division provides a wide range of oil film bearing solutions for the most demanding applications in the metal rolling industries worldwide. Its parent firm, Morgan Construction Company, is a designer and producer of high-quality rolling mill products and services for the metal industry worldwide.

http://www.morganco.com

About: Morgan Construction Company
Morgan Construction Company specialises in rolling mill technology. Founded in 1888, by Charles Hill Morgan in Worcester, Massachusetts, Morgan continues to grow and expand with new steel technologies. Morgan has designed and installed more than 450 rod, bar, and billet mills in more than 40 countries around the world.

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