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May 3, 2009

Bill Jones of O’Neal Industries Elected New MSCI Chairman

May 03, 2009

Bill Jones of O’Neal Industries Elected New MSCI Chairman

PHOENIX, Arizona, May 3, 2009 – Bill Jones, vice chairman of O’Neal Industries of Birmingham, Alabama, was elected chairman of the Metals Service Center Institute (MSCI), effective July 1, at the institute’s annual meeting here today.

Jones succeeds Norman E. Gottschalk, Jr., president of Marmon/Keystone Corporation, whose two-year term as member leader of the trade association expires on June 30.

Jones joined O’Neal Steel as an inside sales representative in Birmingham in 1976 after a short time in office management with the area’s Bell telephone company. He shifted to outside sales at the company’s Jackson, Mississippi, facility in 1978 and was named district manager in Memphis, Tennessee, in 1981. Jones returned to Birmingham in 1987 as manager of marketing and special products became vice president for the Birmingham District in 1990, executive vice president in 1993, and president and CEO of the company in 2000. He was named vice chairman of O’Neal Industries this year.

Jones is a graduate of the University of Virginia with a degree in psychology. In his current position with O’Neal, he oversees the company’s Industrial Metals Group, which includes O’Neal Steel, Leeco Steel, Metalwest, TAD Metals, and Timberline Steel. He is a longtime member leader of MSCI. He was first elected to the Board of Directors in 1993 and has served as vice chairman of the institute since 2000. He was named Service Center Executive of the Year for 2005.

“Bill Jones has been a pillar of support for MSCI for many, many years,” said M. Robert Weidner, III, MSCI’s president and CEO. “The work of his recruiting committee for the last five years has, without question, been a significant reason for the institute’s growth and ability to survive in a time of industry consolidation. He is a true gentleman, an insightful businessman, and an industry leader of tremendous character and ability. I am proud that an executive of his experience and skills has agreed to serve as our chairman.”

Founded in 1909, the Metals Service Center Institute has more than 400 members operating from about 1,200 locations in the U.S., Canada, Mexico, and elsewhere in the world. Together, MSCI members constitute the largest single group of metals purchasers in North America, amounting each year to more than 55 million tons of steel, aluminum, and other metals, with about 300,000 manufacturers and fabricators as customers. MSCI’s membership also includes almost all ferrous and non-ferrous industrial metals producers in North America. Metals service centers inventory and distribute metals and provide first-stage fabrication services.

Contact:

Jon Kalkwarf, MSCI vice president and CFO, 847-485-3007 or 773-835-6108 jkalkwarf@msci.org