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JW ALUMINUM TO ACQUIRE COASTAL ALUMINUM

05-24-2007

Mt. Holly, S.C., May 24, 2007:  JW Aluminum Company announced today it has entered into a definitive agreement to purchase Coastal Aluminum Rolling Mills Inc. Coastal Aluminum operates a rolling mill facility in Williamsport, PA, and is well known for producing high quality products. The terms of the sale were not disclosed.

“We are excited to announce our second acquisition in just five weeks, and we could not have picked a better company to be our partner,” said Don Kassing, President and CEO of JW Aluminum. “Coastal has an excellent reputation and the team in Williamsport is second to none. We believe this acquisition will create tremendous synergies in both the technology and new product areas.”

Craig Eddy, CEO of Coastal Aluminum, added “JW Aluminum has had a remarkable history of growth and is respected in the industry for innovation and the excellent treatment of its employees. I am excited to join such a great organization, and I know it will bring further growth and stability to the Williamsport facility.”

Sammy Peek, Director of Marketing for JW Aluminum, said, “Coastal will bring new products to our portfolio, and will allow JW Aluminum to enter the Aerospace and other high strength aluminum markets. In addition, by combining Coastal’s coating capabilities with JW Aluminum’s capabilities, we believe we will be the top provider of value-added coating and painting services in the industry.”

Coastal Aluminum Rolling Mills Inc. is a worldwide supplier of quality aluminum products and offers a diversified product line. Coastal is the world's largest producer of light gauge 3000 and 5000 series alloys used for honeycomb by the aerospace industry, and its division Chromagraphic Processing Company is widely recognized as a leading supplier of coated aluminum coil for window blind fabricators and distributors in the U.S. and around the world.

JW Aluminum manufactures specialty flat-rolled aluminum products including “fin stock” used by the heating and cooling industry, light gauge converter foil for the flexible packaging industry, and heavier gauge bare and painted sheet for the building and construction markets, as well as other foil and sheet products. For more information about JW Aluminum, visit the company’s Web site at www.jwaluminum.com.

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