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Alro acquires certain assets of ASAP Source

For IMMEDIATE RELEASE
October 2, 2006

Alro Steel Acquires ASAP Source

Jackson, MI – Alro Steel Corporation is pleased to announce the acquisition of certain assets of ASAP Source in Ann Arbor, Michigan.

Specializing in metal products, ASAP has been a leading retailer/distributor in the Ann Arbor and surrounding markets for many years. The addition of Alro’s broad product range and extensive processing capabilities will provide tremendous benefits to ASAP customers.

The Alro and ASAP product offerings will be combined to provide an expanded range of the following products:

Alro Steel has grown significantly since its start in 1948 and now has over 40 locations in 12 states in the central U.S. and Florida. Alro’s growth has been driven by its focus on customer service and dependability.