CHECK OUT BOTH NEWS ANNOUNCEMENTS BELOW

   Electralloy

       a G.O. Carlson Company

       175 Main Street

       Oil City, PA 16301

                                                                                                         For Immediate Release

                                                                                                         Jack Simmons (724-832-0933)

                                                                                                         Jsimmons@GOCarlson.com

More Melt Capacity At Electralloy

Oil City, PA. (May 1, 2005) – Anticipating a sustained market recovery, Electralloy, a custom melt producer of high quality alloys for aerospace, power generation, nuclear, forging, military and other demanding applications, has announced capital projects for the consumable electrode remelt facility and A.O.D. (Argon-oxygen decarburization) refining vessels. Recovering market demand for high technology stainless, duplex stainless, nickel alloys and the Electralloy commitment to improve customer service drive these significant capital projects.

Electralloy will add a 15,000 square foot building addition to the existing three-furnace, 2-VAR (Vacuum Arc Remelt), 1-ESR (Electroslag Remelt) facility. Phase one of the building project will include a 40" Consarc VAR furnace, complimented by a 50 Ton Crane. This will provide Electralloy future expansion capability for additional remelt and heat-treat furnaces. The additional VAR melt capacity enables Electralloy to provide customers shorter lead times in a tight supply market while allowing Electralloy to supply additional grades that previously were not available due to capacity constraints. Anticipated commissioning date for new VAR melt furnace is October, 2005.

Electralloy will expand A.O.D. refining capabilities by upgrading their "A" - A.O.D. unit to match the flexibility and tonnage capacity of the current "B" - A.O.D. unit. Both will have the flexibility to refine 18, 22 or 30-ton heats. The upgrade, scheduled for plant shutdown in July, will allow additional tonnage to be produced while retaining the flexibility to produce smaller custom refined heats .

The G.O.Carlson Inc. Board of Directors, at their meeting in Oil City April 26^th, gave approval for the capital projects stating, "Electralloy will continue to make capital investment for our customers, the future of our employees and our commitment to remain a leader in melting technology".

Electralloy provides custom melt material in the form of Ingot, Master Alloys, Forging Quality Billets, Bar, Slab, Block, Weld Wire and GO Carlson Plate.

Electralloy

a G.O. Carlson Company

175 Main Street

Oil City, PA 16301

For Immediate Release

Jack Simmons (724-832-0933) Jsimmons@GOCarlson.com

Electralloy Adds NADCAP Accreditation….

Oil City, PA. (May 16, 2005) – Electralloy, a custom melt producer of high quality alloys for aerospace, power generation, nuclear, forging, military and other demanding applications, announced achieving approval for National Aerospace and Defense Contractors Accreditation Program, NADCAP.

Electralloy met the stringent requirements necessary for NADCAP accreditation in audits performed at the Oil City, PA facility late last year. The approvals state Electralloy "demonstrated conformance and are awarded accreditation for the test methods listed in the Scope of Accreditation to the revision in effect at the time of the assessment for ISO/IEC 17025" and "specific services" for SAE AS7101 for Materials Testing. The scope of Electralloy Certificate, issued on January 28, 2005, is for Materials Testing Laboratories - Chemical Testing.

Electralloy adds NADCAP accreditation to its list of quality, testing and lab approvals. ISO 9001:2000, ANSI/ISO/ASQ Q9001-2000, TUV (Druckben V) Certificate-TRB 100/AD-Merkblatt WO and TUV QA System 97/23/EC (PED) are some of the more recognized approvals.