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News Release
 
  January, 2005

Contact:  Renee Baker
Steelscape, Inc.
360.673.8236
360.673.8369 (Fax)

STEELSCAPE ACQUIRES POLYMER

Fairfield, Ala. - Steelscape, Inc. would like to announce the acquisition of the assets of the Polymer Coil Coaters facility in Fairfield, Alabama. The acquisition was finalized at year end, with Steelscape taking full ownership, on January 1, 2005. Polymer Coil Coaters will assume the Steelscape, Inc. name and the combined company reputations for high quality, superior customer service, and reliability. Steelscape will operate the Fairfield facility in addition to their three existing facilities in Kalama, Washington, Richmond, California and Rancho Cucamonga, California. 

Polymer’s coil coating line can process 150,000 tons annually of galvanized steel, cold-rolled steel, and Galvalume coil. By acquiring Polymer, Steelscape adds an additional paint line with speeds of ~ 300 feet per minute, a slitter, an embosser, additional storage capacity and an “in-market” location to better serve the Eastern United States. 

Miguel Alvarez, President of Steelscape, quoted that “this acquisition is allowing our company to have geographical presence in the Eastern part of the country, which is an important step toward becoming the leader in pre-painted products for the construction industry in United States. Steelscape is excited about the additional painting capacity, the committed workforce we have now at the Fairfield facility, and the improved ability to provide services to pre-painted steel industries across the country”. 

Steelscape brings to the Polymer facility a strong focus on employee safety, empowered work teams, priority customer service, steel substrate and coil coating knowledge, and the desire to provide the best purchasing experience possible to customers.

Steelscape, Inc. makes metallic coated and painted steel sheet at its facilities in Kalama, Wash., Richmond, Calif. Rancho Cucamonga, Calif. and Fairfield, Ala. The company’s products are primarily used in the construction industry. Steelscape, Inc. is a wholly owned subsidiary of IMSA Acero, part of the Grupo IMSA family of companies. To learn more about Steelscape and their products and/or services, please call 1-888-285-7717 or visit our website at www.steelscape.com.


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