Neenah Enterprises Inc. reported earnings results for the third quarter ended June 30, 2009. Net sales for the quarter ended June 30, 2009 were $72.4 million, which were $81.9 million or 53.1% lower than the quarter ended June 30, 2008. The decrease was primarily the result of a 53.4% decrease in volume, as measured in tons sold. Net loss for the third quarter of fiscal 2009 was $13.3 million, a decrease of $15.7 million compared to net income of $2.4 million for the third quarter of fiscal 2008. Net loss includes restructuring costs and asset writedowns of $5.1 million in the aggregate associated with the previously announced closures of the Company's facilities in Kendallville, Indiana and El Monte, California.

Neenah Enterprises, Inc. reported earnings results for the second quarter ended March 31, 2009. For the quarter, the company has posted net sales of $79.9 million, which were $34.8 million or 30.3% lower than the quarter ended March 31, 2008. The decrease was primarily the result of a 25.7% decrease in volume, as measured in tons sold. The loss in volume was accentuated by reductions in surcharge as a result of lower metal costs being passed through to the customer. Net loss was $109.5 million, an increase of $103.2 million compared to the second fiscal quarter of 2008. Net loss includes the effects of a goodwill impairment of $88.1 million and restructuring costs and asset write downs of $12.4 million in the aggregate associated with the previously announced shutdowns of the company's facilities in Kendallville, Indiana and El Monte, California.

Neenah Enterprises Inc. announced impairment charges for second quarter ended March 31, 2008. The second quarter net loss includes the effects of a goodwill impairment of $88.1 million and restructuring costs and asset write downs of $12.4 million in the aggregate associated with the previously announced shutdowns of the company's facilities in Kendallville, Indiana and El Monte, California.