Exhibit 12

METALDYNE CORPORATION
Computation of Ratio of Earnings to Combined Fixed Charges and
Preferred Stock Dividends
(Dollars In thousands)

				6 Months Ended June 29				Year Ended December 29,				For the Years Ended December 31
				2003				2002				2001				11/28 – 12/31 2000				1/1 – 11/27 2000				1999				1998
EARNINGS (LOSS) BEFORE INCOME TAXES AND FIXED CHARGES:
Income (loss) from continuing operations before income taxes and cumulative effect of accounting change, net				$	(12,150	)		$	(63,890	)		$	(47,930	)		$	(42,600	)		$	156,670			$	139,470			$	144,520
(Deduct) add equity in undistributed earnings (loss) of less-than-fifty percent owned companies					2,710				1,410				(8,930	)			1,000				(14,210	)			(9,800	)			(8,530	)
Add interest on indebtedness, net					35,120				91,060				148,560				14,470				78,880				83,470				83,620
Add amortization of debt expense					1,100				4,770				11,620				550				4,490				2,740				3,250
Estimated interest factor for rentals					6,220				12,460				9,730				310				2,970				3,710				3,620
Earnings before income taxes and fixed charges				$	33,000			$	45,810			$	113,050			$	(26,270	)		$	228,800			$	219,590			$	226,480
FIXED CHARGES:
Interest on indebtedness, net				$	35,120			$	91,060			$	148,560			$	14,460			$	78,640			$	83,760			$	84,080
Amortization of debt expense					1,100				4,770				11,620				550				4,490				2,740				3,250
Estimated interest factor for rentals (d)					6,220				12,460				9,730				310				2,970				3,710				3,620
Total fixed charges					42,440				108,290				169,910				15,320				86,100				90,210				90,950
Preferred stock dividends (a)					6,150				12,970				9,750				650				—				—				—
Combined fixed charges and preferred stock dividends				$	48,590			$	121,260			$	179,660			$	15,970			$	86,100			$	90,210			$	90,950
Ratio of earnings to fixed charges					—	(b)			—	(b)			—	(b)			—	(b)			2.7				2.4				2.5
Ratio of earnings to combined fixed charges and preferred stock dividends					—	(c)			—	(c)			—	(c)			—	(c)			2.7				2.4				2.5

(a) Based on the Company's effective tax rate, represents the amount of income before provision for income taxes required to meet the preferred stock dividend requirements of the Company and its 50% owned companies.

(b) Results of operations for the six months ended June 29, 2003, years ended December 29, 2002 and December 31, 2001 and the 34 days ended December 31, 2000 are inadequate to cover fixed charges by $9,440, $62,480, $56,860 and $41,590, respectively.

(c) Results of operations for the six months ended June 29, 2003, years ended December 29, 2002 and December 31, 2001 and the 34 days ended December 31, 2000 are inadequate to cover fixed charges and preferred stock dividends by $15,590, $75,450, $66,610 and $42,240, respectively.

(d) Deemed to represent one-third of rental expense on operating leases.