Synalloy Announces Agreement To Acquire Company In Dalton Georgia

SPARTANBURG, S.C., May 31 /PR Newswire/ — Synalloy Corporation (Nasdaq: SYNC), a producer of
specialty chemicals,dyes and pigments, stainless steel pipe, vessels and process
equipment,announces that is has signed an agreement to acquire the business and certain assets of
Global Chemical Solutions, Inc. Global, which is located in Dalton,Georgia, supplies dyes and
chemicals to carpet and rug manufacturers primarily in the Dalton area. The acquired business will
relocate to a facility in Dalton that will have warehousing, laboratory, dry blending, sales and
administrative functions. Manufacturing will be performed at Manufacturers Chemical, L.P., in
Cleveland, Tennessee, a subsidiary of the Company. This arrangement will position Global to provide
its customers with more extensive manufacturing capabilities and products while maintaining its
loca lwarehousing and technical services. The acquisition is expected to close inmid July. For more
information about Synalloy Corporation, please visit our web siteat http://www.synalloy.com.SOURCE
Synalloy Corporation Copyright 2001 PR Newswire

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