TULSA, Okla., June 16, 2009 (GLOBE NEWSWIRE) -- North American Galvanizing & Coatings, Inc. (Nasdaq:NGA) announced today the opening of North American Galvanizing Company's new facility in Benwood, WV. Construction of the facility was completed in May at which time the plant commenced a "soft start-up". The plant, the Company's eleventh facility, is now fully operational and in commercial mode.
Ronald J. Evans, President and CEO commented, "We are very pleased with the construction process; the plant was completed on time and on budget. We now look forward to implementing our marketing program and providing quality hot dip galvanizing product and service. The new plant, located three miles south of Wheeling, West Virginia, is centrally located in the vicinity of Interstates 77, 70 and 79 which will allow us to more economically and efficiently service customers in the tri-state area, as well as in-transit work." A plant grand opening ceremony is planned for late July in conjunction with the Company's 2009 Annual Meeting of Stockholders.
North American Galvanizing is a leading provider of hot-dip galvanizing and coatings for corrosion protection of fabricated steel products. The Company conducts its galvanizing and coating business through a network of plants located in Canton, Ohio; Denver, Hurst (Dallas/Forth Worth), Houston, Kansas City, Louisville, Nashville, St. Louis and the Tulsa area. Hot-dip galvanizing provides metals corrosion protection for many product applications used in commercial, construction and industrial markets. Our home page is: www.nagalv.com.
Cautionary Statement. This press release may contain "forward-looking statements" as defined under U.S. securities laws, including, but not limited to, statements concerning the Company's beliefs and expectations of future performance. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from such forward-looking statements and management's present expectations or projections. These risks and uncertainties include the risk factors described in the Company's SEC filings including the Company's Annual Report on Form 10- K filed with the Securities and Exchange Commission on February 20, 2009. These forward-looking statements are made as of the date of this press release. The Company assumes no obligation to update or revise these statements or to provide reasons why actual results may differ.