SYNL, Synalloy Corporation

** On its fourth quarter fiscal 2011, SYNL posted sales of $40,241,000, a 7% increase year over year and net earnings of $1,017,000, or $0.16 per share, down 30% compared to the same period the prior year, while its net earnings for 2011 increased 44% to $5,797,000 or $0.91 per share compared to $4,034,000 or $0.64 per share for 2010.

On SYNL's Metals Segment, sales increased 9% to $29,974,000 while operating income increased 35% to $1,948,000 in the fourth quarter of 2011 from the same period a year earlier. Sales (Metals Segment) for 2011 increased 18% to $127,727,000 and operating income of $9,338,000 was up 147% compared to the prior year period.

On SYNL's Specialty Chemicals Segment, revenues increased for the fourth quarter of 2011 by 2% compared to the fourth quarter of 2010. Sales (Specialty Chemicals Segment) for the year of 2011 were 1% higher than the prior year.

SYNL is structured as a holding company, currently comprised of two major groups: Metals and Chemicals.

Metals

Synalloy Metals is a leading manufacturer of stainless steel and alloy pipe and fabricated piping systems. Servicing industries throughout the United States, Canada, Australia, Europe, the Middle East and more, its union and non-union US production facilities in Tennessee and Arkansas are prepared to deliver quality products and unsurpassed customer service via two divisions.

* SYNL's BRISMET pipe division is the largest domestic producer of manufactured pipe, from stainless steel and other alloys for the chemical, mining, petrochemical, pulp and paper, liquid natural gas (LNG), pharmaceutical, power generation, brewery, food processing, waste water treatment, nuclear and other industries.

* SYNL's fabrication division operates two facilities:

- BristolFab provides complete turnkey pipe fabrication solutions across various market segments including pulp and paper, petro-chemical, water/wastewater, food and beverage, chemical, OEM, pharmaceutical, clean water technology, micro-electronics, metals/steel, mining, heavy manufacturing and related industries.

- Ram-Fab has over 20 years' experience servicing the critical demands of the power, petroleum and chemical markets with high quality affordable pipe and is an industry leader in the fabrication of carbon steel and stainless steel piping systems.

Specialty Chemicals

SYNL's Specialty Chemicals Group operates as Manufacturers Chemicals, LLC located in Cleveland, Tennessee and Dalton, Georgia. It produces specialty chemicals for the carpet, chemical, paper, metals, mining, agricultural, fiber, paint, textile, automotive, petroleum, cosmetics, mattress, furniture, janitorial and other industries.

More about SYNL at www.synalloy.com

********************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyOmega.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyOmega.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://pennyomega.com/disclaimer). Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a media-advertisement and newswire company. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.