Corporate Announcements

January 2008

Michael W. Taylor, Chairman of Taylor Steel Inc., is pleased to announce the appointments of John MacDonald to President and Chief Executive Officer and William Bourque to Executive Vice President and Chief Financial Officer.

As President and C.E.O., John MacDonald will be responsible for overseeing and directing the development and implementation of policy, objectives, and strategic plans for Taylor Steel Inc., in both Canada and the U.S., in a manner that meets or exceeds customer requirements and ensures the opportunity for continued growth and profitability.

As Executive Vice President and C.F.O., William Bourque will be responsible for overseeing and directing the development and implementation of policy, objectives, and strategic plans to ensure the financial stability and flexibility necessary to achieve overall corporate objectives. He will also be responsible for managing the strategic use and direction of information system resources and providing general financial direction to our related companies and U.S. subsidiary.

Taylor Steel Inc. is a privately-owned Canadian corporation located in Stoney Creek, Ontario.  With several facilities in North America, Taylor Steel is a leading steel service centre and toll processor for flat rolled steel with markets ranging from automotive and appliance to construction and manufacturing.