United States
Securities and Exchange Commission
Washington, D.C. 20549

Form 10-Q

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|[X]  |  | Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the quarterly period ended June 30, 2001, or    
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|[  ] |  | Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the transition period from         to         .
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Commission File No. 0-13787

INTERMET Corporation
(Exact name of registrant as specified in its charter)

|                                                               |  |                                  
|-------------------------------------------------------------- |  | ---------------------------------
|Georgia                                                        |  | 58-1563873                       
|(State or other jurisdiction of
incorporation or organization) |  | (IRS Employer
Identification No.)

|                                                |  |           
|----------------------------------------------- |  | ----------
|5445 Corporate Drive, Suite 200, Troy, Michigan |  | 48098-2683
|(Address of principal executive offices)        |  | (Zip code)

(248) 952-2500
(Registrants telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.  Yes X  No

At August 1, 2001, there were 25,415,324 shares of common stock, $0.10 par
value, outstanding.





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Part I  Financial Information

Item 1.   Financial Statements

INTERMET Corporation

Interim Condensed Consolidated Statements of Operations

|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |         |  
|------------------------------------------- | ----------------------------------- | - | ------------------------------------------------ | ------ | ---------------- | - | ------------- | ------- | ------------- | - | ------- | ------- | - | - | ------- | ------- | -
|                                            |                                     |   | Three months ended                               |        | Six months ended
|                                            |                                     |   | June 30, 2001                                    |        | June 30, 2000    |   | June 30, 2001 |         | June 30, 2000
|                                            |                                     |   |                                                  |        |                  |   |               |         |              
|                                            |                                     |   |                                                  |        |                  |   | (Unaudited)  
|                                            |                                     |   | (in thousands of dollars, except per share data)
|Net sales                                   |                                     | $ | 228,190                                          |        |                  | $ | 281,855       |         |               | $ | 452,115 |         |   | $ | 584,100 |        
|                                           
|                                           
|                                           
|                                           
|Cost of sales                               |                                     |   | 203,862                                          |        |                  |   | 240,565       |         |               |   | 409,094 |         |   |   | 498,642 |        
|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |        
|Gross profit                                |                                     |   | 24,328                                           |        |                  |   | 41,290        |         |               |   | 43,021  |         |   |   | 85,458  |        
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|Operating expenses:                        
|                                           
|                                           
|                                           
|                                           
|                                            | Selling, general and
administrative |   |                                                  | 9,108  |                  |   |               | 10,121  |               |   |         | 17,072  |   |   |         | 19,980  |  
|                                           
|                                           
|                                           
|                                           
|                                            | Goodwill amortization               |   |                                                  | 1,558  |                  |   |               | 1,588   |               |   |         | 3,115   |   |   |         | 3,175   |  
|                                           
|                                           
|                                           
|                                           
|                                            | Other operating expenses            |   |                                                  | (136   | )                |   |               | 202     |               |   |         | (250    | ) |   |         | 6,217   |  
|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |        
|                                            |                                     |   | 10,530                                           |        |                  |   | 11,911        |         |               |   | 19,937  |         |   |   | 29,372  |        
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|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |        
|Operating profit                            |                                     |   | 13,798                                           |        |                  |   | 29,379        |         |               |   | 23,084  |         |   |   | 56,086  |        
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|Other income (expense):                    
|                                           
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|                                            | Interest, net                       |   |                                                  | (7,632 | )                |   |               | (10,271 | )             |   |         | (16,032 | ) |   |         | (20,577 | )
|                                           
|                                           
|                                           
|                                           
|                                            | Other income, net                   |   |                                                  | 354    |                  |   |               | 1,039   |               |   |         | 644     |   |   |         | 1,939   |  
|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |        
|                                            |                                     |   | (7,278                                           | )      |                  |   | (9,232        | )       |               |   | (15,388 | )       |   |   | (18,638 | )      
|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |        
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|Income before income taxes                  |                                     |   | 6,520                                            |        |                  |   | 20,147        |         |               |   | 7,696   |         |   |   | 37,448  |        
|                                           
|                                           
|                                           
|                                           
|Provision for income taxes                  |                                     |   | 2,699                                            |        |                  |   | 8,277         |         |               |   | 3,536   |         |   |   | 16,082  |        
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|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |        
|Net income                                  |                                     | $ | 3,821                                            |        |                  | $ | 11,870        |         |               | $ | 4,160   |         |   | $ | 21,366  |        
|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |        
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|Income per common share 
basic and diluted |                                     | $ | 0.15                                             |        |                  | $ | 0.47          |         |               | $ | 0.16    |         |   | $ | 0.84    |        
|                                            |                                     |   |                                                  |        |                  |   |               |         |               |   |         |         |   |   |         |        

2



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INTERMET Corporation

Interim Condensed Consolidated Balance Sheets

|                                       |                                                                                                        |                                                                                    |         |                           |         |                  |         |         |         | 
|-------------------------------------- | ------------------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------- | ------- | ------------------------- | ------- | ---------------- | ------- | ------- | ------- | 
|                                       |                                                                                                        |                                                                                    |         | June 30,2001              |         | December 31,2000
|                                       |                                                                                                        |                                                                                    |         |                           |         |                 
|                                       |                                                                                                        |                                                                                    |         | (Unaudited)              
|                                       |                                                                                                        |                                                                                    |         | (in thousands of dollars)
|Assets                                
|                                      
|                                      
|                                      
|                                      
|Current assets:                       
|                                      
|                                      
|                                      
|                                      
|                                       | Cash and cash equivalents                                                                              |                                                                                    | $       | 89,847                    |         |                  | $       | 19,737  |        
|                                      
|                                      
|                                      
|                                      
|                                       | Accounts receivable:                                                                                  
|                                      
|                                      
|                                      
|                                      
|                                       |                                                                                                        | Trade, less allowance for
doubtful accounts of   $7,908 in
2001 and $9,451 in 2000 |         |                           | 140,412 |                  |         |         | 125,745 | 
|                                      
|                                      
|                                      
|                                      
|                                       |                                                                                                        | Other                                                                              |         |                           | 5,441   |                  |         |         | 9,136   | 
|                                       |                                                                                                        |                                                                                    |         |                           |         |                  |         |         |        
|                                       |                                                                                                        |                                                                                    | 145,853 |                           |         |                  | 134,881 |        
|                                      
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|                                       | Inventories                                                                                            |                                                                                    |         | 81,841                    |         |                  |         | 93,870  |        
|                                      
|                                      
|                                      
|                                      
|                                       | Other current assets                                                                                   |                                                                                    |         | 25,989                    |         |                  |         | 31,960  |        
|                                       |                                                                                                        |                                                                                    |         |                           |         |                  |         |         |        
|Total current assets                   |                                                                                                        |                                                                                    | 343,530 |                           |         |                  | 280,448 |        
|                                      
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|Property, plant and equipment, at cost |                                                                                                        |                                                                                    | 651,049 |                           |         |                  | 636,132 |        
|                                      
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|Less:                                 
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|                                       | Foreign industrial development
grants, net ofamortization and
accumulated depreciation andamortization |                                                                                    |         | 258,534                   |         |                  |         | 238,498 |        
|                                       |                                                                                                        |                                                                                    |         |                           |         |                  |         |         |        
|Net property, plant and equipment      |                                                                                                        |                                                                                    | 392,515 |                           |         |                  | 397,634 |        
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|Intangibles, net of amortization       |                                                                                                        |                                                                                    | 221,757 |                           |         |                  | 224,873 |        
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|Other noncurrent assets                |                                                                                                        |                                                                                    | 13,437  |                           |         |                  | 15,841  |        
|                                       |                                                                                                        |                                                                                    |         |                           |         |                  |         |         |        
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|                                       |                                                                                                        | $                                                                                  | 971,239 |                           |         | $                | 918,796 |        
|                                       |                                                                                                        |                                                                                    |         |                           |         |                  |         |         |        

3



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INTERMET Corporation

Interim Condensed Consolidated Balance Sheets

|                                     |                                            |   |                           |         |                  |   |         |         |  
|------------------------------------ | ------------------------------------------ | - | ------------------------- | ------- | ---------------- | - | ------- | ------- | -
|                                     |                                            |   | June 30, 2001             |         | December 31,2000
|                                     |                                            |   |                           |         |                 
|                                     |                                            |   | (Unaudited)              
|                                     |                                            |   | (in thousands of dollars)
|Liabilities and shareholders equity
|                                    
|                                    
|                                    
|                                    
|Current liabilities:                
|                                    
|                                    
|                                    
|                                    
|                                     | Accounts payable                           |   | $                         | 74,391  |                  |   | $       | 103,501 |  
|                                    
|                                    
|                                    
|                                    
|                                     | Income taxes and other accrued liabilities |   |                           | 76,693  |                  |   |         | 82,555  |  
|                                    
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|                                    
|                                     | Long term debt due within one year         |   |                           | 53,877  |                  |   |         | 216,479 |  
|                                     |                                            |   |                           |         |                  |   |         |        
|Total current liabilities            |                                            |   | 184,961                   |         |                  |   | 402,535 |        
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|Noncurrent liabilities:             
|                                    
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|                                     | Long term debt due after one year          |   |                           | 438,294 |                  |   |         | 182,687 |  
|                                    
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|                                     | Other noncurrent liabilities               |   |                           | 47,366  |                  |   |         | 54,166  |  
|                                     |                                            |   |                           |         |                  |   |         |        
|Total noncurrent liabilities         |                                            |   | 505,660                   |         |                  |   | 236,853 |        
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|Shareholders equity:               
|                                    
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|                                    
|                                    
|                                     | Common stock                               |   |                           | 2,588   |                  |   |         | 2,588   |  
|                                    
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|                                     | Capital in excess of par value             |   |                           | 57,110  |                  |   |         | 57,110  |  
|                                    
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|                                    
|                                     | Retained earnings                          |   |                           | 222,407 |                  |   |         | 220,279 |  
|                                    
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|                                     | Accumulated other comprehensive income     |   |                           | (1,313  | )                |   |         | (363    | )
|                                    
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|                                     | Unearned restricted stock                  |   |                           | (174    | )                |   |         | (206    | )
|                                     |                                            |   |                           |         |                  |   |         |         |  
|Total shareholders equity           |                                            |   | 280,618                   |         |                  |   | 279,408 |        
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|                                     |                                            |   |                           |         |                  |   |         |         |  
|                                     |                                            | $ | 971,239                   |         |                  | $ | 918,796 |        
|                                     |                                            |   |                           |         |                  |   |         |        

See accompanying notes.

4



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INTERMET Corporation

Interim Condensed Consolidated Statements of Cash Flows

|                                                                                                  |                                                                |                                    |         |                           |         |              |         |         |         |  
|------------------------------------------------------------------------------------------------- | -------------------------------------------------------------- | ---------------------------------- | ------- | ------------------------- | ------- | ------------ | ------- | ------- | ------- | -
|                                                                                                  |                                                                |                                    |         | Six months ended         
|                                                                                                  |                                                                |                                    |         | June 30,2001              |         | June 30,2000
|                                                                                                  |                                                                |                                    |         |                           |         |             
|                                                                                                  |                                                                |                                    |         | (Unaudited)              
|                                                                                                  |                                                                |                                    |         | (in thousands of dollars)
|Operating activities:                                                                            
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|Net income                                                                                        |                                                                | $                                  | 4,160   |                           |         | $            | 21,366  |        
|                                                                                                 
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|                                                                                                 
|                                                                                                 
|Adjustments to reconcile net income to cash provided by
(used           in) operating activities:
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Depreciation                                                   |                                    |         | 25,169                    |         |              |         | 23,765  |        
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Amortization                                                   |                                    |         | 3,240                     |         |              |         | 4,050   |        
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Result of equity investment                                    |                                    |         | (504                      | )       |              |         | (129    | )      
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Net gain on disposal of fixed assets                           |                                    |         |                          |         |              |         | 49      |        
|                                                                                                 
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|                                                                                                  | Changes in operating assets and liabilities:                  
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  |                                                                | Accounts receivable                |         |                           | (12,125 | )            |         |         | (19,201 | )
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  |                                                                | Inventories                        |         |                           | 11,796  |              |         |         | 13,577  |  
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  |                                                                | Accounts payable and accrued taxes |         |                           | (33,716 | )            |         |         | (23,124 | )
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  |                                                                | Other assets and liabilities       |         |                           | (533    | )            |         |         | (7,636  | )
|                                                                                                  |                                                                |                                    |         |                           |         |              |         |        
|Net cash used in (provided by) operating activities                                               |                                                                |                                    | (2,513  | )                         |         |              | 12,717  |        
|                                                                                                 
|Investing activities:                                                                            
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Additions to property, plant and equipment                     |                                    |         | (19,410                   | )       |              |         | (20,868 | )      
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Additions to property, plant and equipment funded by
insurance |                                    |         | (2,179                    | )      
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Proceeds from insurance                                        |                                    |         | 2,179                     |        
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Proceeds from sale of assets                                   |                                    |         |                          |         |              |         | 10,989  |        
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Other                                                          |                                    |         |                          |         |              |         | (616    | )      
|                                                                                                  |                                                                |                                    |         |                           |         |              |         |        
|Net cash used in investing activities                                                             |                                                                |                                    | (19,410 | )                         |         |              | (10,495 | )      
|                                                                                                 
|Financing activities:                                                                            
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Net increase in revolving credit facility                      |                                    |         | 93,027                    |         |              |         | 19,463  |        
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Dividends paid                                                 |                                    |         | (2,032                    | )       |              |         | (2,030  | )      
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                  | Issuance of common stock                                       |                                    |         |                          |         |              |         | 380     |        
|                                                                                                  |                                                                |                                    |         |                           |         |              |         |        
|Net cash provided by financing activities                                                         |                                                                |                                    | 90,995  |                           |         |              | 17,813  |        
|                                                                                                 
|Effect of exchange rate changes on cash and cash equivalents                                      |                                                                |                                    | 1,038   |                           |         |              | 1,023   |        
|                                                                                                  |                                                                |                                    |         |                           |         |              |         |        
|Net increase in cash and cash equivalents                                                         |                                                                |                                    | 70,110  |                           |         |              | 21,058  |        
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|Cash and cash equivalents at beginning of period                                                  |                                                                |                                    | 19,737  |                           |         |              | 3,416   |        
|                                                                                                 
|                                                                                                  |                                                                |                                    |         |                           |         |              |         |        
|Cash and cash equivalents at end of period                                                        |                                                                | $                                  | 89,847  |                           |         | $            | 24,474  |        
|                                                                                                  |                                                                |                                    |         |                           |         |              |         |        

See accompanying notes.

5



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INTERMET Corporation

Notes to Interim Condensed Consolidated Financial Statements

June 30, 2001 (Unaudited)

1.   Basis of Presentation

The accompanying unaudited condensed consolidated financial statements of
INTERMET Corporation and its subsidiaries have been prepared in accordance with
generally accepted accounting principles for interim financial information and
with the instructions to Form 10-Q and Article 10 of Regulation S-X.
Accordingly, they do not include all of the information and footnotes required
by generally accepted accounting principles for complete financial statements.
In the opinion of management, all adjustments considered necessary for a fair
presentation have been included. Operating results for the three months and the
six months ended June 30, 2001, are not necessarily indicative of the results
that may be expected for the year ending December 31, 2001. For further
information, refer to the consolidated financial statements and footnotes
included in INTERMETs annual report on Form 10-K for the year ended December
31, 2000.

Some amounts previously reported in the prior year financial statements have
been reclassified to conform to the 2001 presentation.

The Financial Accounting Standards Board has recently issued two
new pronouncements. Statement of Financial Accounting Standards ("SFAS") 141, "Business Combinations"
and SFAS 142 "Goodwill and Other Intangible Assets" were issued which are both effective for
fiscal year ends beginning after December 15, 2001. INTERMET has not yet completed its evaluation of these two
new pronouncements.

2.   Inventories
Net inventories consist of the following (in thousands of dollars):

|                      |  |              |        |                  |  |   |        | 
|--------------------- |  | ------------ | ------ | ---------------- |  | - | ------ | 
|                      |  | June 30,2001 |        | December31, 2000
|                      |  |              |        |                 
|Finished goods        |  | $            | 13,404 |                  |  | $ | 17,865 | 
|                     
|                     
|                     
|                     
|Work in process       |  |              | 19,288 |                  |  |   | 21,816 | 
|                     
|                     
|                     
|                     
|Raw materials         |  |              | 7,918  |                  |  |   | 8,940  | 
|                     
|                     
|                     
|                     
|Supplies and patterns |  |              | 41,231 |                  |  |   | 45,249 | 
|                      |  |              |        |                  |  |   |        | 
|                      |  | $            | 81,841 |                  |  | $ | 93,870 | 
|                      |  |              |        |                  |  |   |        | 

6



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INTERMET Corporation

Notes to Interim Condensed Consolidated Financial Statements (continued)

June 30, 2001 (Unaudited)

3.   Property, Plant and Equipment

Gross property, plant and equipment consist of the following (in thousands of
dollars):

|                           |  |               |         |                  |  |   |         | 
|-------------------------- |  | ------------- | ------- | ---------------- |  | - | ------- | 
|                           |  | June 30, 2001 |         | December 31,2000
|                           |  |               |         |                 
|Land                       |  | $             | 5,381   |                  |  | $ | 5,408   | 
|                          
|                          
|                          
|                          
|Buildings and improvements |  |               | 116,310 |                  |  |   | 116,181 | 
|                          
|                          
|                          
|                          
|Machinery and equipment    |  |               | 477,466 |                  |  |   | 467,819 | 
|                          
|                          
|                          
|                          
|Construction in progress   |  |               | 51,892  |                  |  |   | 46,724  | 
|                           |  |               |         |                  |  |   |         | 
|                           |  | $             | 651,049 |                  |  | $ | 636,132 | 
|                           |  |               |         |                  |  |   |         | 

4.   Intangible Assets

Intangible assets of $221,757,000 and $224,873,000 (net of accumulated
amortization of $18,647,000 and $15,531,000) at June 30, 2001 and December
31, 2000, respectively, consist principally of costs in excess of net assets
acquired. Such costs are being amortized using the straight-line method,
principally over forty years.

5.   Debt

In July of 2001 we came to an agreement with our banks for a new facility of
$182.8 million, replacing the $200 million term loan and the $15 million
unsecured note held by Scotia Bank which had been extended from their initial
maturities of June 20, 2001, and June 29, 2001, respectively. The portion of
current liabilities refinanced has been reclassed to long-term liabilities as
of June 30, 2001. The remaining portion of long-term debt that expired in
June was paid on July 17, 2001, which was the close of the new facility. The
interest rate of the new term debt facility, as well as our existing revolving
facility, is based on a grid rate determination and was approximately
6.8% on the date the facility closed. The new facility expires on
December 20, 2002, while the term of the revolving facility has not changed.
The new facility is payable as follows:

|                  |  |   |             | 
|----------------- |  | - | ----------- | 
|December 20, 2001 |  | $ | 5,000,000   | 
|                 
|                 
|                 
|                 
|March 20, 2002    |  | $ | 10,000,000  | 
|                 
|                 
|                 
|                 
|June 20, 2002     |  | $ | 5,000,000   | 
|                 
|                 
|                 
|                 
|December 20, 2002 |  | $ | 162,750,000 | 

Long-term debt consists of the following (in thousands of dollars):

|                                 |  |              |         |                  |  |   |         | 
|-------------------------------- |  | ------------ | ------- | ---------------- |  | - | ------- | 
|                                 |  | June 30,2001 |         | December 31,2000
|                                 |  |              |         |                 
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|Total debt                       |  | $            | 492,171 |                  |  | $ | 399,166 | 
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|Less amounts due within one year |  | $            | 53,877  |                  |  | $ | 216,479 | 
|                                 |  |              |         |                 
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|                                
|Debt due after one year          |  | $            | 438,294 |                  |  | $ | 182,687 | 
|                                 |  |              |         |                 

7



---



INTERMET Corporation

Notes to Interim Condensed Consolidated Financial Statements (continued)

June 30, 2001 (Unaudited)

6.   Comprehensive Income

We adopted Financial Accounting Standards Boards Statement of Financial
Accounting Standards No. 130, Reporting Comprehensive Income as of January 1,
1998. However, the adoption of this Statement had no impact on our net income
or shareholders equity.

Effective January 1, 2001, INTERMET adopted SFAS 133, Accounting for
Derivative Instruments and Hedging Activities, as amended, which requires that
all derivative instruments be reported on the balance sheet at fair value. The
effect of SFAS 133 to INTERMET during the first six months since adoption was
to decrease Other Comprehensive Income by $690,000, net of related taxes. The
adoption of SFAS 133 had no impact on the income statement as of June 30, 2001.
Since the interest rate swap hedge entered into was perfectly effective, the
short cut method of accounting for derivatives was utilized in accounting for
the transaction.

Our risk management policy is to protect our long-term debt at the lowest cost
options available. We assess market conditions periodically to determine
whether it is beneficial to enter into transactions which protect against
interest rate fluctuations on the variable portion of our long-term debt.

|                                        |                                         |   |                    |      |                  |   |                           |     |              |   |       |      |   |   |        |      |  
|--------------------------------------- | --------------------------------------- | - | ------------------ | ---- | ---------------- | - | ------------------------- | --- | ------------ | - | ----- | ---- | - | - | ------ | ---- | -
|                                        |                                         |   | Three months ended |      | Six months ended
|                                        |                                         |   | June 30,2001       |      | June 30,2000     |   | June 30,2001              |     | June 30,2000
|                                        |                                         |   |                    |      |                  |   | (in thousands of dollars)
|                                       
|                                       
|                                       
|                                       
|                                       
|                                       
|                                       
|                                       
|                                       
|                                       
|                                       
|                                       
|Net income                              |                                         | $ | 3,821              |      |                  | $ | 11,870                    |     |              | $ | 4,160 |      |   | $ | 21,366 |     
|                                       
|                                       
|                                       
|                                       
|Other comprehensive income (loss):     
|                                       
|                                       
|                                       
|                                       
|                                        | Fair value of Interest rate swap        |   |                    | (278 | )                |   |                           | 0   |              |   |       | (690 | ) |   |        | 0    |  
|                                       
|                                       
|                                       
|                                       
|                                        | Foreign currency translation
Adjustment |   |                    | (550 | )                |   |                           | 113 |              |   |       | (260 | ) |   |        | (573 | )
|                                        |                                         |   |                    |      |                  |   |                           |     |              |   |       |      |   |   |        |     
|Total other comprehensive income
(loss) |                                         |   | (828               | )    |                  |   | 113                       |     |              |   | (950  | )    |   |   | (573   | )   
|                                        |                                         |   |                    |      |                  |   |                           |     |              |   |       |      |   |   |        |     
|                                       
|Total comprehensive (loss) income       |                                         | $ | 2,993              |      |                  | $ | 11,983                    |     |              | $ | 3,210 |      |   | $ | 20,793 |     
|                                        |                                         |   |                    |      |                  |   |                           |     |              |   |       |      |   |   |        |     

8



---



INTERMET Corporation

Notes to Interim Condensed Consolidated Financial Statements (continued)

June 30, 2001 (Unaudited)

7.   Reporting for Business Segments

We evaluate the operating performance of our business units individually.
Under the provisions of SFAS No. 131, Disclosures about Segments of an
Enterprise and Related Information, we have aggregated operating segments
that have similar characteristics, including manufacturing processes and raw
materials. The ferrous-metals segment consists of ferrous foundry operations
and their related machining operations. The light-metals segment consists of
aluminum, magnesium and zinc casting operations and their related machining
operations. Corporate and other segment consists of operations that do not
fall within the other segments and have been combined with the corporate
business unit and its related expenses and eliminations. This information is
displayed in the following table:

|                                       |                  |  |                |         |              |  |                           |        |              |  |   |         |   |  |   |         |  
|-------------------------------------- | ---------------- |  | -------------- | ------- | ------------ |  | ------------------------- | ------ | ------------ |  | - | ------- | - |  | - | ------- | -
|                                       |                  |  | Ferrous Metals |         | Light Metals |  | Corporate andOther        |        | Consolidated
|                                       |                  |  |                |         |              |  | (in thousands of dollars)
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|Three-month period
ended June 30, 2001
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                       | Net sales        |  | $              | 142,024 |              |  | $                         | 81,943 |              |  | $ | 4,223   |   |  | $ | 228,190 |  
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                       | Operating profit |  |                | 13,488  |              |  |                           | 6,035  |              |  |   | (5,725  | ) |  |   | 13,798  |  
|                                      
|                                      
|                                      
|                                      
|                                       | Interest, net    |  |                |         |              |  |                           |        |              |  |   | (7,632  | ) |  |   | (7,632  | )
|                                      
|                                      
|                                      
|                                      
|                                       | Other, net       |  |                |         |              |  |                           |        |              |  |   | 354     |   |  |   | 354     |  
|                                      
|                                      
|                                      
|                                      
|                                       | Taxes            |  |                |         |              |  |                           |        |              |  |   | (2,699  | ) |  |   | (2,699  | )
|                                       |                  |  |                |         |              |  |                           |        |              |  |   |         |   |  |   |        
|                                       | Net Income       |  |                |         |              |  |                           |        |              |  |   |         |   |  | $ | 3,821   |  
|                                       |                  |  |                |         |              |  |                           |        |              |  |   |         |   |  |   |        
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|Three-month period
ended June 30, 2000
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                       | Net sales        |  | $              | 169,701 |              |  | $                         | 88,541 |              |  | $ | 23,613  |   |  | $ | 281,855 |  
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                      
|                                       | Operating profit |  |                | 24,872  |              |  |                           | 6,579  |              |  |   | (2,072  | ) |  |   | 29,379  |  
|                                      
|                                      
|                                      
|                                      
|                                       | Interest, net    |  |                |         |              |  |                           |        |              |  |   | (10,271 | ) |  |   | (10,271 | )
|                                      
|                                      
|                                      
|                                      
|                                       | Other, net       |  |                |         |              |  |                           |        |              |  |   | 1,039   |   |  |   | 1,039   |  
|                                      
|                                      
|                                      
|                                      
|                                       | Taxes            |  |                |         |              |  |                           |        |              |  |   | (8,277  | ) |  |   | (8,277  | )
|                                       |                  |  |                |         |              |  |                           |        |              |  |   |         |   |  |   |        
|                                       | Net Income       |  |                |         |              |  |                           |        |              |  |   |         |   |  | $ | 11,870  |  
|                                       |                  |  |                |         |              |  |                           |        |              |  |   |         |   |  |   |        

9



---



|                                     |                  |  |                |         |              |  |                           |         |              |  |   |         |   |  |   |         |  
|------------------------------------ | ---------------- |  | -------------- | ------- | ------------ |  | ------------------------- | ------- | ------------ |  | - | ------- | - |  | - | ------- | -
|                                     |                  |  | Ferrous Metals |         | Light Metals |  | Corporate andOther        |         | Consolidated
|                                     |                  |  |                |         |              |  | (in thousands of dollars)
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|Six-month period ended
June 30, 2001
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                     | Net sales        |  | $              | 283,129 |              |  | $                         | 161,001 |              |  | $ | 7,985   |   |  | $ | 452,115 |  
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                     | Operating profit |  |                | 25,094  |              |  |                           | 7,160   |              |  |   | (9,170  | ) |  |   | 23,084  |  
|                                    
|                                    
|                                    
|                                    
|                                     | Interest, net    |  |                |         |              |  |                           |         |              |  |   | (16,032 | ) |  |   | (16,032 | )
|                                    
|                                    
|                                    
|                                    
|                                     | Other, net       |  |                |         |              |  |                           |         |              |  |   | 644     |   |  |   | 644     |  
|                                    
|                                    
|                                    
|                                    
|                                     | Taxes            |  |                |         |              |  |                           |         |              |  |   | (3,536  | ) |  |   | (3,536  | )
|                                     |                  |  |                |         |              |  |                           |         |              |  |   |         |   |  |   |        
|                                     | Net Income       |  |                |         |              |  |                           |         |              |  |   |         |   |  | $ | 4,160   |  
|                                     |                  |  |                |         |              |  |                           |         |              |  |   |         |   |  |   |        
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|Six-month period ended
June 30, 2000
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                     | Net sales        |  | $              | 359,716 |              |  | $                         | 179,275 |              |  | $ | 45,109  |   |  | $ | 584,100 |  
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                    
|                                     | Operating profit |  |                | 42,508  |              |  |                           | 14,042  |              |  |   | (464    | ) |  |   | 56,086  |  
|                                    
|                                    
|                                    
|                                    
|                                     | Interest, net    |  |                |         |              |  |                           |         |              |  |   | (20,577 | ) |  |   | (20,577 | )
|                                    
|                                    
|                                    
|                                    
|                                     | Other, net       |  |                |         |              |  |                           |         |              |  |   | 1,939   |   |  |   | 1,939   |  
|                                    
|                                    
|                                    
|                                    
|                                     | Taxes            |  |                |         |              |  |                           |         |              |  |   | (16,082 | ) |  |   | (16,082 | )
|                                     |                  |  |                |         |              |  |                           |         |              |  |   |         |   |  |   |        
|                                     | Net Income       |  |                |         |              |  |                           |         |              |  |   |         |   |  | $ | 21,366  |  
|                                     |                  |  |                |         |              |  |                           |         |              |  |   |         |   |  |   |        

10



---



INTERMET Corporation

Notes to Interim Condensed Consolidated Financial Statements (continued)

June 30, 2001 (Unaudited)

8.   Environmental and Legal Matters

INTERMET and its subsidiaries are a party to a number of environmental matters
and legal proceedings in the ordinary course of business. We do not believe
there are any pending or threatened legal proceedings to which we are a party,
or to which any of our property is subject, that will have a material adverse
effect on our consolidated financial position, results of operations or
liquidity taken as a whole.

9.   Earnings per Share

Basic earnings per share is computed by dividing income available to common
shareholders by the weighted average number of common shares outstanding for
the period. The dilutive earnings per share calculation reflects the assumed
exercise of stock options.

|                                                                                |                                                                      |   |                                       |        |                  |   |              |        |              |   |        |        |  |   |        |        | 
|------------------------------------------------------------------------------- | -------------------------------------------------------------------- | - | ------------------------------------- | ------ | ---------------- | - | ------------ | ------ | ------------ | - | ------ | ------ |  | - | ------ | ------ | 
|                                                                                |                                                                      |   | Three months ended                    |        | Six months ended
|                                                                                |                                                                      |   | June 30,2001                          |        | June 30,2000     |   | June 30,2001 |        | June 30,2000
|                                                                                |                                                                      |   |                                       |        |                  |   |              |        |             
|                                                                                |                                                                      |   | (in thousands, except per share data)
|Numerator:                                                                     
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                                | Net income                                                           |   | $                                     | 3,821  |                  |   | $            | 11,870 |              |   | $      | 4,160  |  |   | $      | 21,366 | 
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|Denominator:                                                                   
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                                | Denominator for basic earnings per  
Share  weighted average shares |   |                                       | 25,371 |                  |   |              | 25,364 |              |   |        | 25,368 |  |   |        | 25,359 | 
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|Effect of dilutive securities:                                                 
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                                | Stock options                                                        |   |                                       | 110    |                  |   |              | 23     |              |   |        | 70     |  |   |        | 44     | 
|                                                                                |                                                                      |   |                                       |        |                  |   |              |        |              |   |        |        |  |   |        |       
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|Denominator for diluted earnings
per  share  adjusted weighted
average  shares |                                                                      |   | 25,481                                |        |                  |   | 25,387       |        |              |   | 25,438 |        |  |   | 25,403 |       
|                                                                                |                                                                      |   |                                       |        |                  |   |              |        |              |   |        |        |  |   |        |        | 
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|                                                                               
|Basic and diluted earnings per share                                            |                                                                      | $ | 0.15                                  |        |                  | $ | 0.47         |        |              | $ | 0.16   |        |  | $ | 0.84   |       
|                                                                                |                                                                      |   |                                       |        |                  |   |              |        |              |   |        |        |  |   |        |       

11



---



INTERMET Corporation

Notes to Interim Condensed Consolidated Financial Statements (continued)

June 30, 2001 (Unaudited)

10.   Impairment of Assets and Shutdown

During the fourth quarter of 1999, INTERMETs board of directors authorized the
closure of Ironton. The decision to close this foundry was the principal
reason for treating the assets as held for sale and valuing them at the
estimated fair market value. Also at December 31, 1999, Ironton recorded a
shut down accrual for the building demolition and remediation costs.

During the period of January 1, 2001 through June 30, 2001, the Company paid
approximately $1.3 million primarily for remediation, which was included
principally in accrued liabilities and, accrued shutdown at December 31, 2000.
The remaining shutdown costs accrued at June 30, 2001 is managements estimate
of the remaining costs for remediation.

The $0.9 million of assets still held at Ironton were included as Other
current assets on the accompanying statement balance sheet at June 30, 2001 is
the estimated fair value of the remaining assets.

12



---



INTERMET Corporation

Notes to Interim Condensed Consolidated Financial Statements (continued)

June 30, 2001 (Unaudited)

11.   Insurance Update in 2001

As discussed in the December 31, 2000, annual report, INTERMET has completed
the rebuild of our New River and Neunkirchen facilities. As of the date of
this report, INTERMET is in the process of settling with its insurance company
related to the accident at our New River facility. The Neunkirchen facility,
as noted in the annual report, has completed settlement with the insurance
carrier. Refer to the December 31, 2000, annual report for further discussion.

Managements Discussion and Analysis of Financial Condition and Results of
Operations

Managements Discussion and Analysis of Financial Condition and Results of
Operations and the Quantitative and Qualitative Disclosures about Market Risk
contain forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. When used in these sections, the words
anticipate, believe, estimate and expect and similar expressions are
generally intended to identify forward-looking statements. Readers are
cautioned that any forward-looking statements, including statements regarding
the intent, belief or current expectations of INTERMET or its management, are
not guarantees of future performance and involve risks and uncertainties.
Actual results may differ materially from those in the forward-looking
statements as a result of various factors including, but not limited to:



| |  | General economic conditions, including any economic downturn in the markets in which we operate                                                                                     
|- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| 
| |  | Fluctuations in worldwide or regional automobile and light and heavy-truck production                                                                                               
| 
| |  | Changes in practices or policies of our significant customers toward outsourcing their requirements for automotive
components                                                       
| 
| |  | Changes in the sourcing and pricing practices of our major customers, including demands for price concessions as a
condition to retaining current business or obtaining new business
| 
| |  | Fluctuations in foreign currency exchange rates                                                                                                                                     
| 
| |  | Fluctuations in interest rates that may affect our borrowing costs                                                                                                                  
| 
| |  | Fluctuations in the cost of raw materials, including the cost of energy, and our ability, if any, to pass those costs on to
our customers                                           

13



---





| |  | Work stoppages or other labor disputes that could disrupt production at our facilities or those of our major customers                                     
|- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------
| 
| |  | Factors or presently unknown circumstances that may affect the charges related to the impairment of assets                                                 
| 
| |  | Our ability to fully utilize the capacity available from the rebuilding of our New River and Neunkirchen facilities within
the timeframes we are projecting
| 
| |  | Other risks as detailed from time to time in our filings with the Securities and Exchange Commission                                                       

We do not intend to update these forward-looking statements.

Item 2.   Managements Discussion and Analysis of Financial Condition and Results
of Operations

Material Changes in Financial Condition

Through the second quarter of 2001 INTERMET used cash of $ 2.5 million in
operations while providing $12.7 million for the same period last year.
Depreciation and amortization expense was $ 28.4 million for the
six months ended June 30, 2001. As
compared to December 31, 2000, accounts receivable increased $12.1 million
while inventory decreased $11.8 million. These fluctuations are a result of
higher sales during the second quarter as compared to December of 2000, which
is related to the traditional holiday shutdowns during the fourth quarter
operating cycle. Accounts payable and accrued taxes decreased $33.7 million
from the beginning of 2001 due primarily to the decreased operating activity
within the entire auto industry. Investing activities for the first six months
of 2001 used cash of $19.4 million. During the period we spent $21.5 million
for the purchase of property, plant and equipment, of which $2.2 million was
funded by insurance proceeds from 2000 New River explosion. Borrowings under
our bank revolver increased $93.0 million in the first six months of 2001. See
further discussion in note five to the accompanying financial statements.
Additionally, we paid $2.0 million in dividends during the first six months of
2001. The Company has committed capital not yet spent of approximately $10.2
million as of June 30, 2001. We anticipate that the funds needed for the
committed capital spending will come from operations.

Material Changes in Results of Operations  Three months ended June 30, 2001

Sales for the second quarter of 2001 were $228.2 million, down $53.7 million
from the second quarter of 2000. Sales for operations in place and fully
operational during both periods were down $42.4 million (16.1%). This
decrease is primarily entirely attributable to the shift in sales of the
domestic auto industry and its production levels. Ferrous-metals segment sales
were $142.0 million during the second quarter of 2001 compared to $169.7
million for the same period last year. This represents a decrease of $27.7
million or 16.3%. Excluding the impact of facilities not fully operational in
both periods, ferrous sales were down $34.6 million (20.5%). This decline was
mainly caused by the lower North American vehicle production and more
significantly, the market share loss of the traditional Big three automakers.
Light-metals segment sales decreased $6.6 million (7.5%) for the three months
ended June 30, 2001 as compared to the same period last year.

Domestic sales for the second quarter were $205.5 million down from $259.1
million in for the same period last year. This decrease, $53.6 million, is
largely explained by the slowdown in the automobile industry and the
divestiture of Iowa Mold Tool Co. Inc. from our Corporate and other segment.
For

14



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operations in place both years, sales decreased $42.4 million or 17.6%.
European sales during the three months ended June 30, 2001, in local currency,
remained strong at $22.7 million. The effect of changes in the exchange rates
on consolidated European sales was an unfavorable $1.5 million for the
three-month period ended June 30, 2001, when compared using exchange rates for
the same period in 2000.

Gross profits for the quarter ended June 30, 2001 and 2000 were $24.3 million
and $41.3 million, respectively. Gross profit as a percentage of sales for the
three months ended June 30, 2001 and 2000 was 10.7% and 14.7%, respectively.
Excluding the results of Ironton, New River and IMT, gross profit as a
percentage of sales would have been 11.2% and 16.6%, respectively. The
resulting decreased gross profit percentage is a result of the lower North
American automotive activity.

Operating expenses as a percentage of sales were 4.6% and 4.2% for the three
months ended June 30, 2001 and 2000, respectively.

The effective income tax rate was 41.4% and 41.1% for the second quarter of
2001 and 2000, respectively. The high effective rate is a result of the
nondeductible goodwill the Company continues to amortize related to various
acquisitions INTERMET has completed. With the adoption of SFAS 142, starting
in 2002, INTERMET will no longer be obligated to amortize its goodwill, but
will be required to complete annual evaluations of its value as is required by
the new promulgated guidance.

Material Changes in Results of Operations  Six months ended June 30, 2001

INTERMETs total sales for the first six months of 2001 and 2000 were $452.1
million and $584.1 million, respectively. Again, the decrease relates
primarily to the decreased production in the automotive market and the
divestiture of IMT. For operations in place and fully functioning for the six
moths ended, sales were down $90.1 million or 17.1%. Ferrous-metals segment
sales were $76.6 million (21.3%) less in the six-month period ended June 30,
2001, compared to the same period in 2000. This is due entirely to the
situations effecting New River and the low production levels throughout the
North American auto industry. For operations in place and fully functional for
both periods in their entirety, sales were down in the ferrous segment $69.7
million (20.6%). Light-metals segment sales decreased $18.3 million (10.2%)
due to the slowdown in North American automotive production. Corporate and
other sales decreased 82.3% due to the divestiture of IMT.

Domestic sales for the six-month periods ended June 30, 2001 and 2000 were
$403.9 million and $531.5 million, respectively. The decrease is mainly due to
decreased production levels in the North American automotive market and the
decreased sales for New River and IMT. Domestic sales for operations in place
for both years were $388.8 million and $474.7 million, respectively. European
sales during the six months ended June 30, 2001, in local currency, were $48.2
million, down 8.3% from the same period last year. The effect of changes in
the exchange rates on consolidated European sales was an unfavorable $3.4
million for the first six months of 2001 when compared with the same period in
2000.

Gross profit for the six-month period ended June 30, 2001, was $43.0 million,
down 49.7% from the same period last year. Gross profit as a percentage of
sales for these same periods was 9.5% and 14.6%, respectively. Gross profit as
a percentage of sales were 9.8% and 14.9%, respectively, for facilities
operating in both years. The decrease relates to the same reasons given for
the decrease in the quarter ended June 30, 2001.

Operating expenses as a percentage of sales was 4.4% and 5.0% the six months
ended June 30, 2001 and 2000, respectively,

15



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The effective income tax rates for the first six months of 2001 and 2000 were
45.9% and 42.9%, respectively. The increased tax rate relates to the
deductibility of goodwill. With lower income in 2001 compared to 2000 to offset
the goodwill amortization, goodwill causes a spike in the effective tax rate.

Insurance Update in 2001

As discussed in the December 31, 2000, annual report, INTERMET has completed
the rebuild of our New River and Neunkirchen facilities. As of the date of
this report, INTERMET is in the process of settling with its insurance company
related to the accident at our New River facility. We anticipate receiving a
final settlement during the third quarter. The Neunkirchen facility, as noted
in the annual report, has completed settlement with the insurance carrier.

Item 3.   Quantitative and Qualitative Disclosures about Market Risk

We are subject to market risk with regard to interest rate, foreign exchange
and commodity pricing. We have analyzed the effect of these risks on the
balance sheets, results of operations and cash flows and we consider the impact
to be immaterial with respect to the commodity pricing risk.

There has been no material change in market risk with regard to interest rate
and foreign exchange since December 31, 2000.

Part II  Other Information

Item 1.   Legal Proceedings

There have been no material changes in matters reported in the Form 10-K for
the year ended December 31, 2000.

We are engaged in various legal proceedings and other matters incidental to our
normal business activities. We do not believe there are any pending or
threatened legal proceedings to which we are a party, or to which any of our
property is subject, that will have a material effect on our consolidated
financial position, results of operations or liquidity taken as a whole.

Item 2.   Changes in Securities and Use of Proceeds

None.

Item 3.   Defaults upon Senior Securities

None.

Item 4.   Submission of Matters to a Vote of Securities Holders

None

Item 5.   Other Information

None.

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Item 6.   Exhibits and Reports on Form 8-K

None.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, INTERMET
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.

|                                                                                                                                                                    
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|INTERMET Corporation                                                                                                                                                
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|                                                                                                                                                                    
|                                                                                                                                                                    
|By:          /s/ Ronald C. Ryninger, Jr.
                Ronald C. Ryninger, Jr.
                Corporate Controller
                (Principal Accounting Officer)
|                                                                                                                                                                    
|                                                                                                                                                                    
|                                                                                                                                                                    
|                                                                                                                                                                    
|                                                                                                                                                                    
|Date:       July 13, 2001                                                                                                                                           
|                                                                                                                                                                    
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|                                                                                                                                                                    

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Exhibits Index

|        |  |                       
|------- |  | ----------------------
|Exhibit
|Number  |  | Description of Exhibit

|         |  |                                                                                                                                                                                                                                                                                                                                                                                              
|-------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|4.14 (a) |  | $300,000,000 Conformed Five-Year
Credit Agreement, dated November 5,
1999, as amended through the Fourth
Amendment dated as of July 17, 2001
and among INTERMET, The Bank of Nova
Scotia as lender and administrative
agent, Bank One as Syndication Agent
and Suntrust Bank as Documentation
Agent and the various lenders named
therein.                                                   
|        
|        
|        
|        
|        
|4.16 (a) |  | $182,750,000 Term Loan Agreement,
dated as of July 17, 2001, by and
among INTERMET, The Bank of Nova
Scotia as lender and administrative
agent, and Bank One as lender and
Syndication Agent, and the various
lenders named therein. rm 10-K,
having an event date of March 31,
2000, File No. 0-13787, previously
filed with the Commission and
incorporated by reference into this
filing).
|        
|        
|        
|        
|        
|10.6     |  | Employment Agreement, dated July 1,
2001, by and between INTERMET and
Doretha J. Christoph                                                                                                                                                                                                                                                                                                   

18