TULSA, Okla., May 5, 2008 (PRIME NEWSWIRE) -- North American Galvanizing & Coatings, Inc. (Nasdaq:NGA) reported that the Company's Annual Meeting of Stockholders was held in New York City at the NASDAQ Stock Exchange on May 2, 2008. Eighty-six percent (86%) of NGA outstanding shares eligible to vote were represented. Stockholders re-elected six incumbent members of the Board and added a seventh member, with each Director receiving at least ninety-three percent (93%) of the shares voted: Linwood J. Bundy, Gilbert L. Klemann, II, Ronald J. Evans, Patrick J. Lynch, Joseph J. Morrow, and John H. Sununu. Elected to NGA's Board for an initial term of one year was Ms. Janice K. Henry from Raleigh, NC, the former Chief Financial Officer, Senior Vice President, and Treasurer of Martin Marietta Materials, Inc. Ms. Henry will serve on the Company's Audit Committee and the Corporate Governance & Nominating Committee.
The Company's Board of Directors and Management participated in the NASDAQ Closing Bell Ceremony on May 1, 2008.
North American Galvanizing is a leading provider of hot-dip galvanizing and coatings for corrosion protection of fabricated steel products. The Company conducts its galvanizing and coating business through a network of plants located in Canton, Ohio; Denver, Hurst (Dallas/Forth Worth), Houston, Kansas City, Louisville, Nashville, St. Louis and the Tulsa area. Hot-dip galvanizing provides metals corrosion protection for many product applications used in commercial, construction and industrial markets. Our home page is: www.nagalv.com.
Cautionary Statement: This press release may contain "forward-looking statements" as defined under U.S. securities laws, including, but not limited to, statements concerning the Company's beliefs and expectations of future performance. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from such forward-looking statements and management's present expectations or projections. These risks and uncertainties include the risk factors described in the Company's SEC filings including the Company's Annual Report on Form 10- K filed with the Securities and Exchange Commission on March 7, 2008. These forward-looking statements are made as of the date of this press release. The Company assumes no obligation to update or revise these statements or to provide reasons why actual results may differ.