AK Steel Honors Three Companies with Supplier of the Year Awards

Middletown, OH, November 20, 2006—AK Steel (NYSE: AKS) has presented its 2006 “Supplier of the Year” awards to three companies for outstanding service, value and strategic support of the steelmaker’s business plan.  The awards were presented by James L. Wainscott, AK Steel’s chairman, president and CEO during the company’s third annual Key Supplier Meeting, held November 17 in West Chester, Ohio.  

Attending the meeting were AK Steel’s top 100 suppliers, based on the dollar value of the commodities and services provided.  The suppliers collectively represented over $2 billion in goods and services purchased annually by AK Steel.

Companies honored with AK Steel’s Supplier of the Year awards were:

  • Precision Strip Inc., Minster, Ohio (steel processing);
  • Johnson Controls, Inc., Milwaukee, Wisconsin (security, HVAC, janitorial, printing and facilities management); and
  • Stein Inc., Broadview Heights, Ohio (slag processing).

“Our award recipients went ‘above and beyond’ in their support of AK Steel during 2006,” said Mr. Wainscott.  “They not only delivered quality products and services to AK Steel, but also found innovative ways to provide significant cost savings to our company.”

During his keynote address at the meeting, Mr. Wainscott emphasized the importance of the steelmaker and its suppliers working together for a winning future as AK Steel strives to achieve significant cost savings and sustained profitability.

Headquartered in Middletown, Ohio, AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets.