Executive Management Changes Made at The Boler Company


ITASCA, Ill. - The Boler Company and Hendrickson announce executive
management changes.

In order to sustain the continued successful growth of The Boler
Company, John M. Boler chairman of the board, today announced the
following executive management changes:

John M. Boler is assuming the responsibilities of president and CEO of
The Boler Company in addition to continuing as chairman of the board.
Reporting to the president will be James Colley, vice president finance
and treasury and Nancy B. Coons, vice president administration.

Gary Gerstenslager, general manager of Hendrickson Trailer Suspension
Systems, has been promoted to president and chief operating officer,
Hendrickson Operations and will report directly to Boler. Reporting to
Gary will be the Hendrickson general managers, sales, IT, human
resources and finance.

John H. Walker, former president; Keith D. Stephenson, former chief
development officer, and Robert Micchelli, former vice president
Finance and IT, have left their employment with The Boler Company.

In announcing these management changes, Boler stated that they will
allow both The Boler Company and Hendrickson to continue to build on
the foundation that initially made The Boler Company the success that
it is today.

Hendrickson is one of the largest global suppliers of truck and tractor
suspensions, trailer suspensions, truck and trailer lift axles, bumpers
and trim components and springs to the commercial transportation
industry. Hendrickson, based in Itasca, Ill., continues to meet the
needs of the transportation industry after more than 90 years. Visit
the Hendrickson Web site at www.hendrickson-intl.com.

Ralph E. Norton
Media Manager
Hendrickson
2070 Industrial Pl. SE
Canton, Ohio 44707
e-mail: rnorton@hendrickson-intl.com
Phone: 330-489-0473
Fax: 330-489-1965

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