NAG to purchase Gregory's HDG assets

NAG to purchase Gregory’s HDG assets

North American Galvanizing & Coatings Inc. announced that it signed an agreement with Gregory Industries to purchase Gregory's hot dip galvanizing assets located in Canton, Ohio. With this acquisition, North American's service area will expand into the northeastern US, making it the country's largest HDG network. The terms of the transaction, which is expected to be completed today (February 28, 2005), have not been announced yet.