Atchison Casting Corporat (AHNCQ.PK)

Atchison Casting Corporation manufactures engineered metal castings and forgings. These products are utilized in various products, including cars, trucks, gas, steam and hydroelectric turbines, mining equipment, locomotives, passenger rail cars, pumps, valves, army tanks, navy ships, oil field equipment, reactor vessels for plastic manufacturing, and home appliances. The company also produces castings from a selection of materials, including carbon, low-alloy and stainless steel, gray and ductile iron and aluminum, as well as the ability to manufacture parts in various sizes, ranging from small die cast components for the automotive industry. The company's customers are primarily located in the United States. It also sells its products to customers in Canada, Europe, and other foreign customers. Atchison Casting Corporation was founded in 1872.

For the nine months ended 3/31/03, revenues fell 17% to $234.1 million. Net loss from continuing operations before acct. change totaled $17 million, up from $8 million. Revenues reflect the closure of Claremont foundry, PrimeCast Inc. and Pennsylvania Steel foundry. Higher loss also reflects $5.9 million in impairments.