Tube City IMS Announces Executive Management Appointments

PITTSBURGH, Aug. 25 /PRNewswire/ — Joseph Curtin, President and CEO of Tube City IMS Corporation, a leading provider of products and services to steel mills and foundries globally, today announced that Raymond Kalouche has been named Chief Operating Officer of the Company. He will continue as President and COO of the Company’s Mill Services Group. Mr. Kalouche will report directly to Mr. Curtin.

Mr. Curtin also announced that J. David Aronson has been named Chief Operating Officer of the Raw Materials and Optimization Group. He will continue as President of that Group. Mr. Aronson will continue to report directly to Mr. Curtin.

“Ray and David have a wealth of knowledge and expertise in the industry. They are seasoned executives with strong track records of success,” Mr. Curtin said.  “We have an outstanding team in place and I look forward to working not only with both of them, but with all Tube City IMS colleagues as we continue to create value for our customers, provide outstanding service and expand the Company domestically and internationally.”

Mr. Kalouche joined the Company’s IMS Group in 1989 and held various management positions in Technical Services, Surface Conditioning, Operations and Marketing until he was promoted to President and Chief Executive Officer in 2004. After the merger with Tube City in December 2004, Mr. Kalouche was named President and COO of the Mill Services Group, Tube City IMS. He earned his bachelor’s and master’s degrees in civil and structural engineering from Ohio State University.  He is based at the Company’s Horsham, Pennsylvania office.

Mr. Aronson has worked in the scrap industry since 1989 and joined Tube City in 1991 as an account executive. In 1993, he was promoted to Midwest Region District Manager, a position he held until he was named Senior Vice President in 1996 and subsequently promoted to Executive Vice President in 2004. He was named President of the Raw Materials and Optimization Group in 2008. Mr. Aronson earned his bachelor’s degree from the University of Wisconsin. He is based at the Company’s Gary, Indiana office.

AboutTubeCityIMS

Tube City IMS, LLC is a leading provider of outsourced steel services, including raw materials procurement, scrap management, raw materials optimization, slag processing, metal recovery and surface conditioning to integrated steel mills, mini-mills and foundries. The Company, headquartered in Glassport, Pennsylvania has operations at 75 plants throughout the United States, Canada, Europe, Mexico, the Caribbean, South America and Asia. More information about Tube City IMS is available at the Company’s website, www.tubecityims.com.

Certain information discussed in this news release contains forward-looking statements with respect to our financial condition, results of operations or business or our expectations or beliefs concerning future events. Such forward-looking statements may include the discussions of Tube City IMS’ business strategies, estimates of future global steel production and other market metrics and our expectations concerning future operations, margins, profitability, liquidity and capital resources. Although Tube City IMS believes that such forward-looking statements are reasonable, we cannot assure you that any forward-looking statements will prove to be correct. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different.

Additional information relating to factors that may cause actual results to differ from our forward-looking statements can be found in our Quarterly Report and our Registration Statement on Form S-4. Tube City IMS undertakes no obligation to update or revise forward-looking statements except as required by law.

SOURCE Tube City IMS, LLC