– The former DanChem CEO with more than 20 years of industry experience will lead the company’s chemical division to accelerate growth –

Richmond, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) ("Synalloy" or "Company") is a company specializing in the production and distribution of pipelines, tubes and specialty chemicals An industrial company, has appointed John Zuppo as Executive Vice President of Synalloy Chemicals, effective November 12, 2021. According to this appointment, all of Synalloy's chemical subsidiaries will now report directly to Zuppo.

Zuppo has more than 20 years of executive leadership experience and extensive background in the specialty chemicals industry. He was the CEO of DanChem, which was acquired by Synalloy on October 25. While at the helm of DanChem, Zuppo led the effective transformation of the business and more than doubled its profitability before a successful exit. He achieved this by reorganizing the entire leadership team, investing in engineering and process development capabilities, establishing strong sales channels with new commercial teams to achieve long-term sustainable growth, and creating a culture that fosters authorization and accountability as the core pillars. Target. The entire organization. Prior to joining DanChem, Zuppo held various leadership positions at Emerald Performance Materials for nearly a decade, Emerald Performance Materials is a leading manufacturer of advanced specialty chemicals.

Synalloy’s interim president and CEO, Chris Hutter, said: “We are very pleased to have John at the helm of our chemical division because we want to significantly expand this platform and accelerate growth.” “As a result of our extensive due diligence when we acquired DanChem In part, it’s clear that John is a model leader and has a good track record of leading successful transformations. Now that we have one of the largest specialty chemical contract manufacturers in the United States, we have the right leadership to ensure that this market segment Success is critical. We believe we have discovered this in John, and we look forward to benefiting from the strategic growth plans and operational improvements that we expect him to implement at Synalloy Chemicals."

Speaking of his appointment, Zuppo said: “We had extensive conversations with Chris and his team before the acquisition. I believe that Synalloy Chemicals has ample growth opportunities and I am honored to lead this department. According to my successful implementation in DanChem The experience of the turnaround strategy has led to the return of profit growth and profit margin expansion. I believe that the merger of Synalloy Chemicals and DanChem has created an excellent platform with great prospects. I look forward to leading the team through the next phase of growth as we begin Leverage our comprehensive capabilities with industry-leading talents, a wide range of high-quality products and strong business development channels."

Zuppo holds an MBA from Case Western Reserve University's Weatherhead School of Management, majoring in organizational behavior. In addition, he holds a Bachelor of Science in Chemical Engineering from the University of Akron.

Dave Kuzy, former executive vice president of Synalloy's chemical division, will step down during Zuppo's appointment.

Synalloy Corporation (NASDAQ: SYNL) is a company engaged in a variety of business activities, including the production of stainless steel and galvanized pipes, the general distribution of seamless carbon pipes, and the production of specialty chemicals. For more information about Synalloy Corporation, please visit its website www.synalloy.com.

This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable federal securities laws. All statements that are not historical facts are forward-looking statements. Forward-looking statements can be made by using such things as "estimates", "projects", "intends", "anticipates", "believes", "should", "expects", "hopes", "optimistic", "plans", and "expectations" , "Should", "may", "may" and similar expressions. Forward-looking statements are subject to certain risks and uncertainties, including but not limited to the risks and uncertainties identified below, which may cause actual results to differ materially from historical results or expected results. Readers are cautioned not to rely too much on these forward-looking statements. The following factors may cause actual results to differ materially from historical or expected results: Unfavorable economic conditions, including risks related to the impact and spread of COVID-19 and the government’s response to COVID-19; inability to withstand economic recession; competing products and The impact of pricing; product demand and acceptance risks; raw materials and other increased costs; raw material availability; financial stability of the company's customers; delays or difficulties in the production of products by customers; loss of consumer or investor confidence; employee relations; pass Hiring trained employees to maintain the ability of the labor force; labor efficiency; risks associated with acquisitions; environmental issues; negative or unexpected results caused by changes in tax laws; failure to comply with the contracts and ratios required by the company’s debt financing arrangements; Synalloy Corporation’s securities Other risks and other risks detailed from time to time in Exchange Commission documents, including our annual report on Form 10-K, are available from the SEC. Synalloy Corporation assumes no obligation to update any forward-looking information contained in this press release.

Corporate Contact Aaron Tam Chief Financial Officer 1-804-822-3260

Investor Relations Cody Slach and Cody Cree Gateway Investor Relations 1-949-574-3860 SYNL@gatewayir.com

Synalloy Appoints John Zuppo as Executive Vice President of Synalloy Chemicals

Corporate Contact Aaron Tam Chief Financial Officer 1-804-822-3260

Investor Relations Cody Slach and Cody Cree Gateway Investor Relations 1-949-574-3860 SYNL@gatewayir.com