Magnatech International Inc.

Rexnord PIV Discontinuance

We have been informed by our supplier of PIV products - Rexnord, that they are discontinuing the manufacture of complete units. Rexnord reports that they will continue to serve the after sales market with replacement parts.

To maintain our comprehensive product line, Magnatech International is investigating various solutions and/or suppliers and do not foresee any impact on new machine deliveries.

While Rexnord will continue to supply replacement parts, we suggest that you evaluate your replacement part needs and protect your production by maintaining an adequate supply of units and replacement parts in your inventory. For orders placed on Magnatech, Rexnord’s 15% discount will apply provided the terms are met as defined in the attached letter.

Please be assured that we are investigating all alternatives and expect to have an acceptable solution in place in the very near future.