News and Events

Park-Ohio's ILS Changes Name To Supply Technologies
Cleveland, OHIO, November 19, 2007 - Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced that its Integrated Logistics Solutions LLC company (ILS), has changed its name to Supply Technologies LLC. The company's business units Columbia Nut & Bolt, NABS, and Direct Fasteners Ltd will also operate under the Supply Technologies name.

The name change is the next phase in a strategic business plan that has consistently achieved increased revenue and global growth.

"This is an important moment in the development of our company," explained Edward F. Crawford, Park-Ohio Chairman and Chief Executive Officer. “In the past decade, we have expanded our capabilities and services dramatically. This change reflects the continuing evolution of our global supply chain in response to the needs of our internationally based Fortune 500 customers."

"Our philosophy of Total Supply Management is a commitment to making our customers more efficient and guarantying the reduction of the total cost of procurement. Our new name better reflects our breadth of services, and unerring focus in driving efficiencies throughout the total supply management process," added Andrew A. Arena, President of Supply Technologies.

With revenues in excess of $600 million and more than 1,500 employees located at over 50 global facilities, Supply Technologies supplies billions of parts and materials to the world's most demanding manufacturers every year, and is the only company that continuously aggregates cross-industry best practices, from point-of-origin to point-of-use, into customized programs that suit any customer need.

Park-Ohio is a leading provider of supply chain services and a manufacturer of highly engineered products. Headquartered in Cleveland, Ohio, the Company operates 24 manufacturing sites and 53 supply chain service facilities.

ILS Announces Acquisition of NABS, Inc.
October 18, 2006 - Cleveland, OH - Integrated Logistics Solutions, a subsidiary of Park-Ohio (NASDAQ: PKOH), announced that it has acquired all of the outstanding capital stock of NABS, Inc. (NABS), headquartered in New York City with annual revenues of approximately $45 million. NABS is a premier international supply chain manager of production components providing services to high technology companies in the computer, electronics, and consumer products industries. NABS has 14 international and 5 domestic locations.

Park-Ohio Chairman and Chief Executive Officer Edward F. Crawford said, "The NABS acquisition will fast forward our supply chain management business worldwide. The combination of a world-class management team and the addition of a blue chip customer base will dramatically accelerate ILS' long term international strategy."