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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) __
THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
METALDYNE CORPORATION
(Exact name of obligor as specified in its charter)
Delaware 38-2513957
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
ADDITIONAL OBLIGORS
ER Acquisition Corp. Delaware 38-3422614
GMTI Holding Company Delaware 90-0044261
Halyard Aviation Services, Inc. Michigan 90-0044260
MASG Disposition, Inc. Michigan 38-2509882
MASX Energy Services Group, Inc. Delaware 38-2248592
Metaldyne Accura Tool & Mold, Inc. Delaware 36-4134012
Metaldyne Company LLC Delaware NONE
Metaldyne DuPage Die Casting Corporation Illinois 36-2233897
Metaldyne Europe, Inc. Delaware 38-2783435
Metaldyne European Holdings Inc. Delaware 38-3220045
Metaldyne Lester Precision Die Casting,
Inc. Delaware 36-4204422
Metaldyne Light Metals Company, Inc. Delaware 36-4204419
Metaldyne Machining and Assembly Company,
Inc. Michigan 38-1225111
Metaldyne Precision Forming-Fort Wayne,
Inc. Indiana 35-1767542
Metaldyne Services, Inc. Delaware 38-2523834
Metaldyne Sintered Components of Indiana,
Inc. Delaware 38-2977520
Metaldyne Sintered Components, Inc. Delaware 25-1231600
Metaldyne Tubular Products, Inc. Michigan 38-2126248
Metaldyne U.S. Holding Co. Michigan 38-3355783
Precision Headed Products, Inc. Delaware 38-3386091
Punchcraft Company Michigan 38-3212117
Stahl International, Inc. Tennessee 62-1411205
W.C. McCurdy & Co. Michigan 38-1494328
Windfall Products, Inc. Pennsylvania 25-1300079
Windfall Specialty Powders, Inc. Pennsylvania 25-1602774
WIPCO, Inc. Delaware 52-2049044
47659 Halyard Drive 48170
Plymouth, Michigan (Zip code)
(Address of principal executive offices)
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11% Senior Subordinated Notes due 2012
(Title of the indenture securities)
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1. GENERAL INFORMATION. FURNISH THE FOLLOWING INFORMATION AS TO THE TRUSTEE:
(a) NAME AND ADDRESS OF EACH EXAMINING OR SUPERVISING AUTHORITY TO
WHICH IT IS SUBJECT.
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Name Address
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Superintendent of Banks of the State of New York 2 Rector Street, New York, N.Y. 10006, and
Albany, N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York, N.Y. 10045
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, New York 10005
(b) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.
Yes.
2. AFFILIATIONS WITH OBLIGOR.
IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH
AFFILIATION.
None.
16. LIST OF EXHIBITS.
EXHIBITS IDENTIFIED IN PARENTHESES BELOW, ON FILE WITH THE COMMISSION, ARE
INCORPORATED HEREIN BY REFERENCE AS AN EXHIBIT HERETO, PURSUANT TO RULE
7a-29 UNDER THE TRUST INDENTURE ACT OF 1939 (THE "ACT") AND 17 C.F.R.
229.10(d).
1. A copy of the Organization Certificate of The Bank of New York
(formerly Irving Trust Company) as now in effect, which contains
the authority to commence business and a grant of powers to
exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to
Form T-1 filed with Registration Statement No. 33-6215, Exhibits
1a and 1b to Form T-1 filed with Registration Statement No.
33-21672 and Exhibit 1 to Form T-1 filed with Registration
Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with Registration Statement No. 33-31019.)
6. The consent of the Trustee required by Section 321(b) of the Act.
(Exhibit 6 to Form T-1 filed with Registration Statement No.
33-44051.)
7. A copy of the latest report of condition of the Trustee published
pursuant to law or to the requirements of its supervising or
examining authority.
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SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New York,
a corporation organized and existing under the laws of the State of New York,
has duly caused this statement of eligibility to be signed on its behalf by the
undersigned, thereunto duly authorized, all in The City of New York, and State
of New York, on the 3rd day of September, 2002.
THE BANK OF NEW YORK
By: /S/ MARY LAGUMINA
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Name: MARY LAGUMINA
Title: VICE PRESIDENT
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EXHIBIT 7
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Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business March 31, 2002,
published in accordance with a call made by the Federal Reserve Bank of this
District pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts
In Thousands
ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin................. $ 3,765,462
Interest-bearing balances.......................................... 3,835,061
Securities:
Held-to-maturity securities........................................ 1,232,736
Available-for-sale securities...................................... 10,522,833
Federal funds sold and Securities purchased under agreements
to resell.............................................................. 1,456,635
Loans and lease financing receivables:
Loans and leases held for sale..................................... 801,505
Loans and leases, net of unearned income........................... 46,206,726
LESS: Allowance for loan and lease losses.......................... 607,115
Loans and leases, net of unearned income and allowance............. 35,249,695
Trading Assets......................................................... 8,132,696
Premises and fixed assets (including capitalized leases)............... 898,980
Other real estate owned................................................ 911
Investments in unconsolidated subsidiaries and associated companies.... 220,609
Customers' liability to this bank on acceptances outstanding........... 574,020
Intangible assets
Goodwill........................................................... 1,714,761
Other intangible assets............................................ 49,213
Other assets........................................................... 5,001,308
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Total assets........................................................... $73,954,859
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LIABILITIES
Deposits:
In domestic offices................................................ $29,175,631
Noninterest-bearing................................................ 11,070,277
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Interest-bearing................................................... 18,105,354
In foreign offices, Edge and Agreement subsidiaries,
and IBFs........................................................ 24,596,600
Noninterest-bearing................................................ 321,299
Interest-bearing................................................... 24,275,301
Federal funds purchased and securities sold under agreements
to repurchase.......................................................... 1,922,197
Trading liabilities.................................................... 1,970,040
Other borrowed money:
(includes mortgage indebtedness and obligations under
capitalized leases).................................................... 1,577,518
Bank's liability on acceptances executed and outstanding............... 575,362
Subordinated notes and debentures...................................... 1,940,000
Other liabilities...................................................... 5,317,831
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Total liabilities...................................................... $67,075,179
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EQUITY CAPITAL
Common stock........................................................... 1,135,284
Surplus ............................................................... 1,055,508
Retained earnings. .................................................... 4,227,287
Accumulated other comprehensive income ................................ (38,602)
Other equity capital components ....................................... 0
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Total equity capital .................................................. 6,379,477
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Total liabilities and equity capital .................................. $73,954,859
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I, Thomas J. Mastro, Senior Vice President and Comptroller of the
above-named bank do hereby declare that this Report of Condition has been
prepared in conformance with the instructions issued by the Board of Governors
of the Federal Reserve System and is true to the best of my knowledge and
belief.
Thomas J. Mastro,
Senior Vice President and Comptroller
We, the undersigned directors, attest to the correctness of this Report of
Condition and declare that it has been examined by us and to the best of our
knowledge and belief has been prepared in conformance with the instructions
issued by the Board of Governors of the Federal Reserve System and is true and
correct.
Thomas A. Renyi --- Directors
Gerald L. Hassell |
Alan R. Griffith |
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