AK Steel Receives Supplier Excellence Award from Moen ® Incorporated

 

Middletown, OH, August 10, 2007—AK Steel (NYSE: AKS) said today that it has received a supplier excellence award from Moen ® Incorporated, part of Fortune Brands, Inc. (NYSE: FO).  The “Scorecard Award” recognizes AK Steel for exceeding Moen’s expectations to consistently ship and meet delivery requirements during 2006.  

AK Steel supplies 300-series stainless steels to Moen for use in the manufacture of sinks for residential and commercial use.

“Our supplier excellence awards recognize our partners that truly go above and beyond the call of duty to service our customers,” said Jerry Bajbus, senior sourcing manager for Moen.  “AK Steel was given this award because they delivered superior results across the board.  We strive to align ourselves with partners that achieve this type of excellence.  We are proud of our relationship with AK Steel.”  

“AK Steel is honored to receive this award from Moen Incorporated, one of North America’s premier manufacturers of high quality and stylish stainless sinks,” said James L. Wainscott, chairman, president and CEO of AK Steel.  “My congratulations go to AK Steel’s employees for meeting and exceeding the requirements of this valued customer.”

Headquartered in North Olmstead, Ohio, Moen offers residential and commercial sinks and tub and showering packages, and Moen ® Incorporated is the number one faucet brand in North America.  Fortune Brands, Inc. is a consumer brands company that includes a variety of leading home product brands.

AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets.