Industry News

North American Galvanizing & Coatings Appoints Vice President-Treasurer

Published on 2005-04-21. Author : SpecialChem

TULSA, Okla. -- North American Galvanizing & Coatings, Inc. (Amex: NGA - News) announced that Beth B. Hood had joined the Company as vice president-treasurer. Ms. Hood joins the Company from heat recovery equipment manufacturer Fintube Technologies, Inc. a wholly- owned subsidiary of Lone Star Technologies, Inc., where she was vice president of finance and treasurer for the past four years. Previously, she held a number of senior finance positions during her twelve-year tenure at Laufen Ceramic Tile, a wholly-owned subsidiary of Roca Radiodores, S.A. of Barcelona, Spain. Ms. Hood, who is both a CPA and CMA, began her career at Deloitte and Touche.

Mr. Ronald J. Evans, president and chief executive officer said, "Mr. Paul R. Chastain has informed the Board of Directors that he will retire as a director of the Company, in accordance with the Board's retirement policy upon attaining age 70, and resign his position as Chief Financial Officer, following the company's annual meeting of shareholders scheduled for late May. The Company plans to appoint Ms. Hood as vice president-chief financial officer at its regularly scheduled Board of Directors meeting immediately following the shareholders meeting in May."

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.

Cautionary Statement. This press release contains statements, estimates, or projections that constitute "forward-looking statements" as defined under U.S. securities laws, including, but not limited to, statements made concerning the acquisition of assets from Gregory Galvanizing and the financial impacts thereof. 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 April 15, 2005.

Source: North American Galvanizing & Coatings, Inc.

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