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G2 Material Handling Inc. Acquires Southwest Stainless Inc.

April 17, 2008

G2 Material Handling has acquired Southwest Stainless Inc., Springfield, MO, a major supplier of sanitary piping and custom fabricated stainless steel equipment for the dairy, food, and pharmaceutical industries. Manufacturing for both companies will remain in the existing 20,000-sq-ft facility.

G2 will add approximately 10-12 new employees over the next few months and all of the current SSI employees will remain on board.

Geary Gorrell, president of G2MH said, “The combination of the two companies will allow G2 to produce our Platinum series equipment and IBCs with the finest craftsman available. The Springfield area has been known for years as the ‘Home of Stainless Steel Manufacturing’ and SSI is no exception. G2 will immediately benefit from the existing customer base, product knowledge, and experienced manufacturing personnel at SSI.”

Referring to the acquisition, G2MH vice president, Ryan Gorrell, said, “G2 and SSI will experience increased efficiencies, expanded purchasing power, and the combination of the sales, administration, and customer service departments. G2 will now be able to expand its product offering to our customer base.”

Ryan Gorrell and CFO Tim Stallion will also move their offices at the SSI facility. SSI President Russ Lombard will take a position on the board of directors in an advisory roll for G2MH. Gary Taylor will remain as vice president of operations and continue to direct the field operations of SSI.

G2 Material Handling Inc., designs, manufactures, and services material handling equipment with emphasis on IBC systems for the dry products industry.