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New Chairman At Amcast

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Leo Ladehoff has stepped down as chairman of Amcast a day after the announcement that its second quarter loss had been reduced to 4.9 million Dollars in 2002. Ladehoff will remain as a director, but his post of chairman will be taken by CEO Byron Pond.

Meanwhile, Joseph Grewe is joining Amcast as president and COO. Grewe will be responsible for all Amcast operations and will report to Pond. .

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