Sale of Century's Extrusion Division Announced

CPM Holding, Inc. Expands Business for Process Equipment Customers

(Traverse City, Michigan) January 17, 2006 -- Century Inc., an international manufacturer of specialty metal products, and CPM Holding Inc. (CPM), the world’s leading supplier of process equipment for particle size reduction, and pellet agglomeration, are pleased to announce the sale of Century’s extrusion division to CPM.

"This transaction reflects CPM’s commitment to expand our portfolio and winning business strategy for process equipment customers," said Ted Waitman, President CPM, "CPM is committed to providing its customers equipment, parts, and service to achieve the lowest total operating cost, maximizing customer profitability." CPM builds upon Century’s excellent sales, service, distribution, and engineering capabilities. In addition, CPM’s Beta Raven unit will provide unmatched process control expertise and technologies for the extrusion industry.

Century, Inc. Chairman William Janis said: "The sale will permit two strong companies a unique opportunity to focus efforts where they specifically have targeted growth. We at Century have the chance to redeploy assets in our core business of specialty metal products that serve the aircraft, energy, defense and exotic metal producers. CPM adds a product they have been looking to have in their portfolio, bringing more productivity solutions to their customers."

Headquartered in Waterloo, Iowa, CPM’s excellent reputation, and its firm dedication to customer service, high quality, durable and reliable products has enabled it to dominate the domestic and international markets and experience tremendous success since its founding in 1883.

Century, Inc. and its family of companies, Century Specialties, Century Rollforming, and Century Sun Metal Treating, is headquartered in Traverse City, Michigan, USA. The company is a leading global supplier of mandrels, pilger mill dies, sendzimer rolls, as well as rollforming and tube reducing dies. The company has been meeting the tooling and service needs of its customers for over 30 years.

For more information, please contact Century at and CPM at