Neenah Enterprises, Inc. Names Thomas J. Riordan as President and CEO

Wednesday, January 5, 2011, Neenah, WI

Neenah Enterprises, Inc. ("Neenah"), one of the largest independent foundry companies in the United States and one of the leading suppliers of castings to the domestic municipal and industrial markets, announced today that its Board of Directors has named Thomas J. Riordan as President and Chief Executive Officer, effective February 1, 2011.

Mr. Riordan has been President and Chief Operating Officer of Terex Corporation, a global construction equipment manufacturer, since January 2007. Prior to joining Terex, he spent 11 years with SPX Corporation, a multinational capital goods manufacturer, in a number of business leadership roles, including Executive VP and Chief Operating Officer. Mr. Riordan has over 30 years of experience in various industrial markets. He has an engineering degree from Northwestern University, and a masters in management degree from the Krannert School at Purdue University. Mr. Riordan and his wife will be relocating to the Neenah, WI area.

Ted Lodge, Chairman of Neenah's Board of Directors, commented "Tom Riordan is a world class manager who will very capably architect and lead Neena's future. The Board is delighted that we have the opportunity to work with a seasoned executive of Tom's stature. We would also like to thank our interim CEO, Rich Caruso, a Managing Director with Huron Consulting Group, for his many contributions to transitioning Neenah while the CEO search was underway."

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About Neenah Enterprises, Inc. and Neenah Foundry Company

Neenah Enterprises, Inc. is the indirect parent holding company of Neenah Foundry Company. Neenah Foundry Company and its subsidiaries manufacture and market a wide range of iron castings and steel forgings for the heavy municipal market and selected segments of the industrial markets. Neenah is one of the largest independent foundry companies in the United States, with substantial market share in the municipal and various industrial markets for gray and ductile iron castings and forged steel products. Additional information about Neenah is available on the company’s website at www.nfco.com.