EXHIBIT 99.1

INTERMET CORPORATION
5445 Corporate Drive
Troy, MI 48098-2683
Tel: 248-952-2500
Fax: 248-952-2501

[INTERMET LOGO]



                                               NEWS RELEASE

                                               For IMMEDIATE Release
                                               Investor Inquiries: Bytha Mills
                                               Media Inquiries: Mike Kelly
                                               INTERMET Corporation
                                               248-952-2500


INTERMET ANNOUNCES PLANS TO CLOSE MACHINING PLANT

CAPACITY RATIONALIZATION AND COST REDUCTION IDENTIFIED AS FACTORS

TROY, Mich., October 14, 2004 -- INTERMET Corporation (Pink Sheets: INMTQ)
announced today that it intends to close its Columbus Machining Plant in
Midland, Georgia, during the first quarter of 2005. The company said the closure
is necessary to rationalize excess production capacity and reduce costs.

The facility currently employs 86 people, including hourly and salaried staff,
and machines ductile-iron and light-metal castings for the automotive industry.
INTERMET expects total sales of about $12.0 million from the Columbus Machining
Plant in 2004.

"This is a necessary decision for the company to make at this time," said
Chairman and CEO Gary F. Ruff. "The plant has been operating at a much-reduced
capacity with very high overhead costs."

Ruff said that INTERMET's objective for the future is to consolidate machining
and assembly operations into dedicated areas in its casting facilities, as is
presently the case with the company's Light Metal Group. "This allows for better
utilization of lean manufacturing and one-piece flow concepts. As such, it is
our intention to move certain strategic Columbus Machining programs into other
INTERMET facilities, such as the Columbus Foundry. However, some work will be
outsourced. In either case, INTERMET will retain its Tier-1 position."

The closure of the Columbus Machining Plant is part of the restructuring plan
being developed by INTERMET and its financial advisor Conway MacKenzie &
Dunleavy in connection with the company's Chapter 11 reorganization.

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INTERMET Corporation
October 14, 2004
Page 2


About INTERMET

With headquarters in Troy, Michigan, INTERMET Corporation is a manufacturer of
powertrain, chassis/suspension and structural components for the automotive
industry. The company has approximately 6,000 employees worldwide. More
information is available on the Internet at www.intermet.com.

Cautionary Statement

This news release includes forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The words "intends,"
"expects," and similar words and expressions identify forward-looking
statements. These statements are not guarantees of future performance but
instead involve various risks and uncertainties. INTERMET's actual results may
differ materially from those suggested by its forward-looking statements due to
factors such as: the economic cost, management distraction and lost business
opportunities associated with bankruptcy proceedings; INTERMET's ability to
consummate its anticipated DIP financing; the high cost of scrap steel and the
possibility that scrap steel costs will remain at high levels or continue to
increase, which would have further negative effects on INTERMET's profitability,
cash flow, liquidity and ability to borrow; fluctuations in the cost of other
raw materials, including the cost of energy, aluminum, zinc, magnesium and
alloys, and INTERMET's ability, if any, to pass those costs on to its customers;
pricing practices of INTERMET's customers, including changes in their payment
terms resulting from the discontinuation of early payment programs and
continuing demands for price concessions as a condition to retaining current
business or obtaining new business, and the negative effect that price
concessions have on profit margins; changes in procurement practices and
policies of INTERMET's customers for automotive components, including the risk
of the loss of major customers or the loss of current or prospective vehicle
programs as a result of INTERMET's financial condition and prospects (or
otherwise); possible inability to close unprofitable plants or to transfer work
from one plant to another because of the related costs or customer requirements;
general economic conditions, including any downturn in the markets in which
INTERMET operates; fluctuations in automobile and light and heavy truck
production, which directly affect demand for INTERMET's products; deterioration
in the market share of any of INTERMET's major customers; fluctuations in
foreign currency exchange rates; work stoppages or other labor disputes that
could disrupt production at INTERMET's facilities or those of its customers;
continuing changes in environmental regulations to which INTERMET is subject,
and the costs INTERMET will incur in meeting more stringent regulations; factors
or presently unknown circumstances that may result in impairment of INTERMET's
assets, including further write-downs of its goodwill; and other risks as
detailed from time to time in INTERMET's periodic SEC reports.

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