BOC To Supply Gases and Technical Support To Hawk Corporation

BOC (NYSE:BOX) and Hawk Corporation (NYSE:HWK) have signed a multi-year contract for the supply of gases, equipment, technical support and consulting services at eight of Hawk's 16 world wide facilities.

Hawk manufactures specialized components used in a variety of end markets including industrial, commercial, and aerospace applications.

Under the agreement, which has an estimated total lifetime value of more than US $3 million, BOC will supply Hawk with liquid hydrogen, liquid nitrogen, three nitrogen on-site production units, cylinder gases and technical solutions and consultative services to Hawk's Precision Components and Wellman Products divisions.

Bob Conrad, vice president, purchasing, Hawk, said, "BOC has the technical capability and global reach that we are looking for in a supply partner. This agreement will enable us to consolidate our supplier base, reduce our gases spend and raise our technical expertise."

Scott Kallman, vice president and general manager for BOC's Eastern region, said, "We are looking forward to working with Hawk in the future. Plans are already under way to implement our patented sinter hardening technology, and we have begun discussions on the possibility of conducting joint research in this and other powdered metal areas."

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 injection molded components for industrial applications, including pump, motor and transmission elements, gears, pistons and anti-lock sensor rings. The Company's performance automotive group manufactures clutches and gearboxes for motorsport applications and performance automotive markets. The Company's motor group designs and 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 1,680 employees and 16 manufacturing sites in five countries.