Synalloy Names New Chief Financial Officer

Synalloy Corporation (Nasdaq:SYNL), a growth oriented company that engages in a
number of diverse business activities including the production of
stainless steel pipe, fiberglass and steel storage tanks, and specialty
chemicals and the master distribution of seamless carbon pipe and tube,
is pleased to announce that effective immediately, Dennis M. Loughran
has joined the company as Senior Vice President and Chief Financial
Officer. Mr. Loughran’s experience includes eleven years with Reynolds
Metals Company and six years as Vice President Finance and Supply Chain
with Alcoa Consumer Products. More recently, he served as the Chief
Financial Officer for Rogers Corporation (NYSE:ROG) and privately owned
Citadel Plastics.

“We are excited to have someone of Dennis’ caliber join the senior
management team at Synalloy,” said Synalloy’s President and CEO, Craig
Bram. “Dennis has extensive experience in M&A and has spent his entire
career working with manufacturing companies. I have known Dennis for
over thirty years and his collaborative management style will be an
excellent fit with the Synalloy team.”

Richard Sieradzki, Synalloy’s former Chief Financial Officer, will fill
the role of Chief Accounting Officer and will report directly to Mr.
Loughran.

For more information about Synalloy Corporation, please visit our web
site at www.synalloy.com.