Exhibit 99.1
                            [NEENAH FOUNDRY GRAPHIC]

FOR IMMEDIATE RELEASE                                CONTACT: WILLIAM BARRETT

                                                              President & CEO

                                                              (920) 725-7000

NEENAH FOUNDRY COMPANY ANNOUNCES TENDER OFFER AND CONSENT SOLICITATION FOR 11%
SENIOR SECURED NOTES DUE 2010

NEENAH, WI - OCTOBER 10, 2006

     Neenah Foundry Company ("Neenah" or the "Company") announced today that it
has launched a cash tender offer and consent solicitation with respect to its
outstanding $133.13 million in aggregate principal amount of 11% Senior Secured
Notes due 2010 (the "Notes").

TERMS OF THE TENDER OFFER AND CONSENT SOLICITATION

     The tender offer and consent solicitation are being made on the terms and
subject to the conditions set forth in an Offer to Purchase and Consent
Solicitation Statement dated October 10, 2006 and the related Consent and Letter
of Transmittal (collectively, the "Tender Offer Documents"). The total
consideration for the Notes tendered and accepted for purchase pursuant to the
tender offer will be determined as specified in the Tender Offer Documents, on
the basis of a yield to the first redemption date under the indenture governing
the Notes equal to the sum of (i) the yield (based on the bid side price) of the
4.00% U.S. Treasury Note due September 30, 2007, as calculated by Credit Suisse
Securities (USA) LLC in accordance with standard market practice on the Price
Determination Date, as described in the Tender Offer Documents, plus (ii) a
fixed spread of 50 basis points. Neenah will pay accrued and unpaid interest up
to, but not including, the payment date. Each holder who validly tenders its
Notes and delivers consents to the Proposed Amendments (as defined below) prior
to 5:00 p.m., New York City time, on October 23, 2006 (the "Consent Date") shall
be entitled to a consent payment (the "Consent Payment"), which is included in
the total consideration above, of $30 for each $1,000 principal amount of Notes
tendered by such holder if such Notes are accepted for purchase pursuant to the
tender offer. Holders who validly tender their Notes after the Consent Date are
entitled to receive the total consideration less the Consent Payment.

     The tender offer will expire at 5:00 p.m., New York City time, on November
7, 2006, unless extended or earlier terminated. Payments of the tender
consideration for the Notes validly tendered and not withdrawn on or prior to
the expiration date and accepted for purchase will be made pursuant to the
Tender Offer Documents.

     In connection with the tender offer, Neenah is soliciting the consents of
the holders of the Notes to proposed amendments to the indenture governing the
Notes and to related collateral documents (the "Proposed Amendments"). The
primary purpose of the consent solicitation and Proposed Amendments is to
eliminate substantially all of the covenants and certain events of default in
the indenture and the Notes and amend the indenture and certain related
documents to subordinate the liens securing the Notes to liens securing certain
new debt in addition to the liens to which the liens securing the Notes are
already subordinated. In order for the Proposed Amendments to be effective,
holders of a majority in aggregate principal amount of the Notes must consent to
the Proposed Amendments. Holders of the Notes may not tender their Notes without
delivering the related consents.

     The consummation of the tender offer is conditioned upon, among other
things, (i) the consummation of a debt offering and the closing of a new
revolving credit facility and the availability of funds therefrom to pay the
tender offer consideration described above, and (ii) receipt of the consent of
the holders of a majority in aggregate principal amount of the Notes to the
Proposed Amendments. If any of the conditions are not satisfied, Neenah may
terminate the tender offer and return tendered Notes, may waive unsatisfied
conditions and accept for payment and purchase all validly tendered Notes that
are not validly withdrawn prior to expiration, may extend the tender offer or
may amend the tender offer. Full details of the terms and conditions of the
tender offer are included in the Tender Offer Documents.

     Credit Suisse Securities (USA) LLC and Banc of America Securities LLC will
act as Dealer Managers and Solicitation Agents for the tender offer and consent
solicitation. Questions regarding the tender offer or consent solicitation may
be directed to Credit Suisse Securities (USA) LLC at (800) 820-1653 (toll-free)
or at (212) 538-0652 and Banc of America Securities LLC at (888) 292-0070
(toll-free) or at (704) 388-9217.

     Morrow & Co., Inc. will act as the Information Agent for the tender offer
and consent solicitation. Requests for documents related to the tender offer and
consent solicitation may be directed to Morrow & Co., Inc. at (203) 658-9400
(for brokers and banks) or (800) 607-0088 (for all others).

     This announcement shall not constitute an offer to purchase or a
solicitation of an offer to sell any securities. The tender offer and consent
solicitation are being made only through and subject to the terms and conditions
set forth in the Tender Offer Documents and related materials. Holders of the
Notes should read carefully the Tender Offer Documents and related materials
before any decision is made with respect to the tender offer and consent
solicitation.


ABOUT NEENAH FOUNDRY COMPANY

     Neenah Foundry Company manufactures and markets a wide range of iron
castings and steel forgings for the heavy municipal market and selected segments
of the

industrial markets. Neenah is one of the largest independent foundry companies
in the United States, with substantial market share in the municipal and various
industrial markets for gray and ductile iron castings and forged steel products.

FORWARD-LOOKING STATEMENTS

     This press release may be viewed to contain forward-looking statements.
These statements are based on Neenah Foundry Company's current expectations and
involve risks and uncertainties that could cause actual results and events to
differ materially from those described in the statements. The Company can give
no assurance that its expectations will prove to be correct. Factors that could
cause the Company's results and other developments to differ materially from
current expectations include material disruptions to major industries served by
the Company; developments affecting the valuation or prospects of the casting
and forging industries generally or the Company in particular; and other factors
described or referenced in the Company's Form 10-K for the year ended September
30, 2005 or subsequent SEC filings. Unless required by law, the Company does not
undertake any obligation to update any of its forward-looking statements.