Greer Steel Names Harpster New Executive VP, Sets Sights On Next Level


(Dover, Ohio - June 26, 2007)---In yet another move aimed directly at taking Greer Steel to the next level in the strip steel industry, the company announced that a well-respected veteran of the cold rolled strip industry has been named to a top post. James Harpster will assume the position of Executive Vice President.

Greer CEO and President, John Raese, made the announcement, stating, "Jim will be the cornerstone of our management team. He is a proven leader with an excellent operational background and a strong customer commitment. His talents and experiences in the specialty strip industry are very well matched to the strategies we are pursuing. We look forward to his contributions as we continue to seek opportunities to serve our customers and grow our business in the years ahead."

Harpster began his career in 1969 as a metallurgist in the stainless steel operations of the former Jones & Laughlin Steel organization. He joined Cold Metal Products in 1980, becoming president and chief executive officer in 1984. He then served as senior vice president of Nedwick Steel Co., a producer of heat-treated high-carbon and alloy strip. Most recently, Harpster was the Eastern Regional Manager for Los Angeles-based Precision Specialty Metals, a converter of stainless sheet and strip.

Commented Harpster, "This is a truly exciting time to be at Greer Steel; The company is taking positive steps to reach the next level of its success; there is an aggressive and ongoing capital improvement program in place coupled with an active business development initiative and, overall a very tangible sense of growth and advancement. I'm delighted to be a part of it and I look forward to spearheading Greer Steel's quest to be the ultimate solution-driven supplier of cold rolled strip steel."

About Greer Steel

Founded in 1917, Greer Steel produces cold rolled strip steel to customer specifications including various carbon grades, demanding surface finishes, tight gauge control, and edging, which can be supplied as coils or cut to length. The company is headquartered and has its main plant in Dover, Ohio along with its service center in Ferndale

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