The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
OWENS ILL INC COM NEW 690768403 329,817 12,219,980 SH   SOLE   12,219,980 0 0
BAKER HUGHES INC COM 057224107 283,154 5,050,000 SH   SOLE   5,050,000 0 0
HARMAN INTL INDS INC COM 413086109 279,149 2,615,960 SH   SOLE   2,615,960 0 0
TRIUMPH GROUP INC NEW COM 896818101 252,573 3,757,412 SH   SOLE   3,757,412 0 0
OIL STS INTL INC COM 678026105 150,650 3,080,770 SH   SOLE   3,080,770 0 0
F M C CORP COM NEW 302491303 80,127 1,405,000 SH   SOLE   1,405,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 31,771 1,112,048 SH   SOLE   1,112,048 0 0
GENERAL CABLE CORP DEL NEW COM 369300108 26,680 1,790,580 SH   SOLE   1,790,580 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 24,645 1,090,975 SH   SOLE   1,090,975 0 0
TEREX CORP NEW COM 880779103 23,641 847,963 SH   SOLE   847,963 0 0
CYTEC INDS INC COM 232820100 19,622 424,985 SH   SOLE   424,985 0 0
ALASKA AIR GROUP INC COM 011659109 19,061 318,951 SH   SOLE   318,951 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 17,369 347,723 SH   SOLE   347,723 0 0
HARSCO CORP COM 415864107 16,764 887,477 SH   SOLE   887,477 0 0
KENNAMETAL INC COM 489170100 14,111 394,263 SH   SOLE   394,263 0 0
LEAR CORP COM 521865204 11,770 120,000 SH   SOLE   120,000 0 0