Benjamin C. Duster, Head of Financial Restructuring for New York-based Masson & Company, has recently joined the board of directors of Neenah Foundry Company. Neenah, based in Neenah, Wisconsin, filed a prepackaged plan of reorganization under Chapter 11 in August of 2003 after receiving the requisite votes to approve the plan from its existing senior bank lenders and holders of the Company's previously outstanding 11-1/8 % senior subordinated notes.
Major equity owners in the reorganized company include MacKay Sheilds, Trust Company of the West and Citicorp Venture Capital.
Neenah Foundry Company manufactures and markets a wide range of iron castings and steel forgings for the heavy municipal market and selected segments of industrial markets. Neenah is one of the larger independent foundries in the United States.