March 13, 2007 — Gibraltar Industries, Inc. has acquired Dramex Corp., a privately-held manufacturer of expanded metal products. Terms of the acquisition were not announced.

Dramex manufactures standard and flattened expanded metal, structural grating, micro-mesh, and decorative metal patterns sold under the trademark DRAMEX^®.

“The Dramex acquisition further strengthens Gibraltar’s global leadership position in the growing expanded metal market,” said Brian J. Lipke, Gibraltar’s Chairman and CEO. “It broadens and complements the product offering of AMICO and the Expanded Metal Co., gives us manufacturing facilities in new markets, and expands and diversifies our customer base.”

Gibraltar first entered the expanded metal market with its October 2005 acquisition of AMICO, a North American leader in this product category. The November 2006 acquisition of the Expanded Metal Co. broadened and diversified its expanded metal product line, and also gave Gibraltar its first facilities in Europe.

“The Dramex acquisition is consistent with our strategy of focusing on niche markets where we have a leadership position. It also continues to grow our business in the commercial, industrial, and architectural building markets. We expect this transaction will be immediately accretive to earnings, before any synergies,” said Henning N. Kornbrekke, President and Chief Operating Officer.

Dramex employs 90 people at five manufacturing locations in Iberville, Que.; Rexdale, Ont.; Youngstown, Ohio; Shreveport, La.; and Redditch, England. Following completion of the acquisition, Dramex’s current management team will continue to run its day-to-day operations.

Formed in 1958 and based in Montreal, Que., Dramex Corp. has manufacturing facilities in Canada, the United States, and the United Kingdom, as well as a joint venture in Mexico. The company has annual sales of approximately $25 million (USD).

Gibraltar Industries is a leading manufacturer, processor, and distributor of metals and other materials for the building, industrial, and vehicular markets. The company serves a large number of customers in a variety of industries in all 50 states and throughout the world. It has approximately 3600 employees and operates 82 facilities in 26 states, Canada, China, England, Germany, and Poland.

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