MISCOR Group Announces Planned Relocation of Huntington Service Center

    MISCOR Group Announces Planned Relocation of Huntington Service Center

PR Newswire

MASSILLON, Ohio, April 5, 2012

MASSILLON, Ohio, April 5, 2012 /PRNewswire/ --Magnetech Industrial Services,
Inc. (Magnetech), a wholly owned subsidiary of MISCOR Group, Ltd. (MIGL.PK), 
and leader in the repair and maintenance of commercial and industrial
electro-mechanical equipment, today announced plans for relocation of its
Huntington, W.Va. service center. The new facility, also located within
Huntington, will be equipped with increased crane capacity and improved
electrical testing capabilities, allowing for additional production capacity
and overall improvement in workflow. The new facility is expected to be
completed and in operation by September of this year.

Magnetech's Huntington service center specializes in the repair of locomotive
rotating components for domestic and international class-I and light
railroads, as well as electric motors and generators for various industries,
including petrochemical, steel, plastic, utilities and automotive. In May
2009, this service center achieved Association of American Railroads M-1003
quality certification. MISCOR Group's investment in this new facility will
enhance its ability to support the needs of customers and improve the quality
and reliability of service. Most notably, the working space footprint will
increase from 28,000 square feet in the current facility to 42,500 square
feet, allowing for a complete redesign of work processes to improve
efficiency.

Major improvements to electrical testing capabilities will include
installation of a 4,160-volt and 120-amp test center, nearly doubling the
testing capabilities as compared to the current facility. In addition,
substantial improvements in the overhead crane systems will be made with the
installation of two new, top-running, double-girder crane systems, each with
64-foot spans. The new facility will also have twelve base-mounted jib cranes
with up to 12-foot beams and two base-mounted transfer cranes, providing the
latest in safety and efficiency ratings.

"The Huntington service center has a long history of providing exceptional
service to both the railroad and industrial markets. This new expansion will
allow us to meet and exceed customer agreements and expectations," remarked
Michael P. Moore, President and CEO of MISCOR Group. "This relocation plays a
pivotal role in our ability to invest in growth initiatives, while continuing
to strengthen our commitment of quality service to our customers. We are proud
to make this investment in Magnetech's future so that we can be part of our
customers' futures."

About MISCOR Group, Ltd.
Massillon, Ohio-based MISCOR Group, Ltd. (MIGL.PK) provides electrical and
mechanical solutions to industrial, commercial and institutional customers
through two segments: Industrial Services, consisting of the Company's
maintenance and repair services to several industries, including electric
utilities, wind power, transportation, chemical, oil, pulp and paper, metal
manufacturing and forming, and repairing, manufacturing, and remanufacturing
industrial lifting magnets for the steel and scrap industries; and Rail
Services, consisting of the Company's manufacturing of power assemblies,
engine parts, and other components related to large diesel engines. For
further information about MISCOR Group, please visit www.MISCOR.com.

About Magnetech
Headquartered in Massillon, Ohio, Magnetech Industrial Services is a wholly
owned subsidiary of MISCOR Group, Ltd. (MIGL.PK). The Company specializes in
the sale, repair and service of commercial and industrial equipment used in
the electric utility, wind power, automotive, pulp and paper, manufacturing,
chemical, wastewater treatment, railroad, plastics, metal producing, metal
forming and scrap metal industries. Additionally, Magnetech manufactures its
own brand of electromagnetic lifting magnets. The Company provides MagneTrac®
and Total Motor Management® (TMM) asset management services to help customers
reduce the risk of equipment breakdowns while lowering repair and maintenance
costs. On-site preventive and predictive maintenance and 24/7 emergency
breakdown services are also available.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of
the safe harbor provisions of the United States Private Securities Litigation
Reform Act of 1995. Words such as "anticipates," "believes," "estimates,"
"expects," "intends," "should," "could," "will," or variations of such words
and similar expressions are intended to identify forward-looking statements.
These forward-looking statements reflect the Company's views, expectations and
beliefs at the time such statements were made with respect to such matters,
and may cover such items as the Company's future plans, objectives, events,
contract pricing and results such as revenues, expenses, income, earnings per
share, capital expenditures, operating margins, financial position, expected
results of operations and other financial items. There are a number of
factors, many of which are beyond the Company's control, which could cause
actual results and outcomes to differ materially from those described in the
forward-looking statements. Forward-looking statements are not guarantees of
future performance and involve certain risks, uncertainties and assumptions
("Risk Factors") that make the timing, extent, likelihood and degree of
occurrence of these matters difficult to predict. Risk Factors include, among
others: price of raw materials, ability to win and service competitively
priced new contracts in sufficient amounts to operate and expand effectively,
employee turnover, ability to compete in highly competitive, geographically
diverse marketplaces, ability to complete planned divestitures and varying and
sometimes volatile economic conditions. For further discussion of risks and
uncertainties, individuals should refer to the Company's SEC filings. MISCOR
Group, Ltd. undertakes no obligation and does not intend to update these
forward-looking statements to reflect events or circumstances occurring after
this press release is issued. You are cautioned not to place undue reliance on
these forward looking statements, which speak only as of the date of this
press release. All forward-looking statements are qualified in their entirety
by this cautionary statement.

SOURCE MISCOR Group
 
Press spacebar to pause and continue. Press esc to stop.