HAWK Corp. (HWK) News

CLEVELAND, OH, May 26, 2010 (Marketwire) --

CLEVELAND, OH -- (Marketwire) -- 05/26/10 -- Hawk Corporation (NYSE Amex: HWK) announced the results of its 2010 Annual Meeting of Stockholders which was held on May 25, 2010 in Cleveland, Ohio.

Stockholders approved the election of the four nominated directors, Andrew T. Berlin, Paul R. Bishop, Richard T. Marabito and Dan T. Moore, III, to the board of directors to serve until the next annual meeting of stockholders or until their successor are elected and qualified. The holders of the Series D Preferred Stock voted all of their respective shares in favor of electing Ronald E. Weinberg, Norman C. Harbert and Byron S. Krantz as directors at the annual meeting. In addition to electing directors, the Company's stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2010.

In other business, a stockholder proposal requesting that the Company's board of directors redeem the rights issued pursuant to the Company's Rights Agreement did not achieve a majority of votes cast and therefore was not approved.

The Company
Hawk Corporation is a leading supplier of friction materials for brakes, clutches and transmissions used in airplanes, trucks, construction and mining equipment, farm equipment, recreational and performance automotive vehicles. The Company also manufactures fuel cell components. Headquartered in Cleveland, Ohio, Hawk has approximately 1,100 employees at 12 manufacturing, research, sales and international rep offices and administrative sites in 6 countries.

Forward-Looking Statements
This press release includes forward-looking statements. These forward-looking statements are based upon management's expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of the Company and which could cause actual results to differ materially from such statements.

Hawk Corporation is online at: http://www.hawkcorp.com/