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Schuff Steel Actively Pursuing Wind Tower Manufacturing Schuff Steel Company, a wholly-owned subsidiary of Schuff International, Inc. (PINKSHEETS: SHFK), continues to actively pursue the possible construction of a new wind tower manufacturing plant in North Dakota. “After researching the renewable energy business in general, and specifically wind energy, we are convinced that we are seeing the emergence of a new industry. Wind tower manufacturing appears to be very synergistic with our core business of steel fabrication and erection”, said Dennis Randall, executive vice president of Schuff’s Midwest Division. “We also feel that this new venture would require construction of a dedicated plant in close proximity to developing markets”, he said. After considering a number of sites, Schuff selected Bismarck, North Dakota as the location for the potential plant. Plans would call for construction of a 200,000 sq ft facility on 70 acres, capable of producing hundreds of towers annually. Schuff anticipates potential employment levels of 250 to 300 people once at full capacity. While there are a number of significant issues yet to be resolved, including project financing and finalizing customer orders, Schuff hopes to begin construction of this facility sometime within the year. “I was very impressed with the business-friendly attitude of the Bismarck Mandan Business Development folks, the accessibility and support demonstrated by State and local public officials and the excellent technical educational facilities supporting renewable energy manufacturing”, said Randall. Schuff’s proposed plant in North Dakota was recently selected as one of 133 projects eligible to receive a federal tax credit as part of the American Recovery and Reinvestment Act (ARRA) Section 48C Clean Energy Manufacturing Tax Credit. This benefit has helped Schuff to forge ahead with their development plans. If you have questions, please contact: Dennis F. Randall Executive Vice President - General Manager Schuff Steel Co. - Midwest Division office 913 677 2485 mobile 816 686 7861
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