American Stock Exchange Lists Common Stock of Hawk Corporation
January 07 2004 - 9:51AM
PR Newswire (US)
American Stock Exchange Lists Common Stock of Hawk Corporation NEW
YORK, Jan. 7 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the common stock of Hawk Corporation under
the ticker symbol HWK. Hawk Corporation is a leading worldwide
supplier of highly engineered products. Its friction products group
is a leading supplier of friction materials for brakes, clutches
and transmissions used in airplanes, trucks, construction
equipment, farm equipment and recreational vehicles. Through its
precision components group, the Company is a leading supplier of
powder metal and metal injected molded components for industrial
applications, including pump, motor and transmission elements,
gears, pistons and anti-lock sensor rings. The Company's
performance racing group manufactures clutches and gearboxes for
motorsport applications and performance automotive markets. The
Company's motor group manufactures die-cast aluminum rotors for
fractional and subfractional electric motors used in appliances,
business equipment and HVAC systems. Headquartered in Cleveland,
Ohio, Hawk has approximately 1,700 employees and 17 manufacturing,
research and administrative sites in five countries. "We are
pleased to welcome Hawk Corporation to the American Stock
Exchange," said John McGonegal, vice president of the Amex Equities
Group. "In listing at the Amex, Hawk Corporation will benefit from
our investor relations programs and receive the solid support that
a growing company needs to succeed in today's marketplace." Ronald
E. Weinberg, Hawk's Chairman and CEO, said, "On behalf of Hawk's
shareholders, I look forward to our transition to the Amex and
being listed with other emerging companies. We believe the Amex
will bring to Hawk an orderly and positive trading environment
providing us with an expanded investor base and increased
shareholder value." The specialist in Hawk Corporation will be
LaBranche & Co. For further information on HWK and other
Amex-listed companies, please visit http://www.amex.com/. The
American Stock Exchange(R) (Amex(R)) is the only primary exchange
that offers trading across a full range of equities, options and
exchange traded funds (ETFs), including structured products and
HOLDRS(SM). In addition to its role as a national equities market,
the Amex is the pioneer of the ETF, responsible for bringing the
first domestic product to market in 1993. Leading the industry in
ETF listings, the Amex lists 126 ETFs. The Amex is also one of the
largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign
stocks. For more information, please visit http://www.amex.com/.
DATASOURCE: The American Stock Exchange CONTACT: Lynn Teresky of
the American Stock Exchange, +1-212-306-1654, Web site:
http://www.amex.com/
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