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SPARTANBURG, S.C., Sept. 13, 2012 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL), a producer and fabricator of stainless steel and carbon pipe and piping systems, and producer of specialty chemicals, announces that its Synalloy Metals subsidiaries have been awarded two international projects.
Synalloy Fabrication's Ram-Fab unit has been awarded fabrication contracts valued at approximately $8 million from a Fortune 500 chemical manufacturing client. Ram-Fab will be providing high nickel alloy piping systems for a Mexico-based production operation with shipments scheduled to begin at the end of 2012 and complete in mid-2013.
Additionally, the Bristol Metals subsidiary has been awarded several contracts totaling $2.5 million to supply 6 moly welded pipe to a potash project in Argentina. Production and shipment of material commences immediately and will be complete by the end of first quarter 2013.
Ram-Fab, located in Crossett, AR and acquired by Synalloy Corporation in 2009, fabricates and cold bends stainless steel, high nickel alloy, chrome and carbon piping systems. Located in Bristol, TN, Bristol Metals is an industry leader in stainless, duplex, super duplex, 6 moly, nickel alloy and titanium welded steel pipe manufacture since 1941.
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