Gov. Riley, Mayor Jones Welcome Berg Spiral Pipe Corp.

May 29th, 2007

Alabama Governor Bob Riley, Mobile Mayor Sam Jones, Mobile Port Authority CEO Jimmy Lyons, and Berg Spiral Pipe Corp. President Dave Delie signed a Project Agreement on Tuesday, May 29, 2007 at the Museum of Mobile to bring a steel plant to the City of Mobile. Berg will invest approximately $75 million in capital and employ more than 100 people.

Berg Spiral Pipe Corp. selected Mobile after considering locations in six states. The site is located at the former International Paper mill site. The Mobile facility will produce large-diameter pipe used for transmission of oil and gas. Berg will train employees for jobs paying between $12 - $15 per hour. It is expected that the facility will begin operations in mid-2008.

The City of Mobile's Commitment:

· Maintenance/Acceptance of Public Roadway;

· 24-hour Police/Fire

· The company is exempt from paying $20,000 building fees to construct plant;

· The city agrees that it will not charge company to pay and develop, recapture, site impact, tap-on, infrastructure or environmental impact fees or costs or special assessment in connection with construction, equipping, and operations of the facility.