Synalloy Names New Chief Financial Officer

July 14, 2015

Dennis LoughranSPARTANBURG, SC – Synalloy Corporation (Nasdaq:SYNL), a growth oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals and the master distribution of seamless carbon pipe and tube, announced that effective immediately, Dennis M. Loughran has joined the company as Senior Vice President and Chief Financial Officer. Mr. Loughran’s experience includes eleven years with Reynolds Metals Company and six years as Vice President Finance and Supply Chain with Alcoa Consumer Products. More recently, he served as the Chief Financial Officer for Rogers Corporation (NYSE:ROG) and privately owned Citadel Plastics.

“We are excited to have someone of Dennis’ caliber join the senior management team at Synalloy,” said Synalloy’s President and CEO, Craig Bram. “Dennis has extensive experience in M&A and has spent his entire career working with manufacturing companies. I have known Dennis for over thirty years and his collaborative management style will be an excellent fit with the Synalloy team.”

Richard Sieradzki, Synalloy’s former Chief Financial Officer, will fill the role of Chief Accounting Officer and will report directly to Mr. Loughran.

For more information about Synalloy Corporation, please visit our web site at www.synalloy.com.