ASTI News Release

American Stainless Tubing, Inc. is pleased to announce the acquisition of the plant and equipment of the Acme/Romac facility located in Troutman, NC on June 30, 2003. In an effort to better serve our customers, we will significantly be expanding our products from a range of ½” OD to 2-1/2″ OD up to 5″ OD and adding a variety of shapes including Squares, Rectangles, Ellipticals and many others. We will also offer polishing for most of these items.

The founders of American Stainless started in the Metals Industry as a furniture fabrication company in 1969 and built it into a significant manufacturer of stainless tubing. Having sold the business to Insilco in 1986, Paul Haughton, Fred Lampe, and Tommy McCoy retired until former customers convinced them to reenter the stainless tubing business. American Stainless Tubing, Inc. was formed to “Set the Quality Standard” in the stainless tubing business.

We are pleased to have acquired the Troutman facility. We look forward to offering our expanded product range with the quality that you, our customers, have come to expect from ASTI. If you have any questions, please do not hesitate to call us at 800-908-8823.

FOR MORE INFORMATION, CONTACT:
Maria Haughton (CFO or Nancy Barrymore (Sales)
PO Box 909, Troutman, NC 28687
800-908-8823 • Fax 704-878-0777
www.asti-nc.com • e-mail: asti@asti-nc.com