Misleading News Clarification

On Sunday night we suffered a fire in one of our baghouses - the equipment that cleans the air from one of our aluminum recycling furnaces. Local firefighters responded amazingly fast and prevented the fire from spreading to any buildings or surrounding equipment. We are extremely grateful for the effort of all emergency responders - many of whom are volunteers. While the fire caused significant damage to the one baghouse, news reports of building damage were inaccurate. The cause of the fire is still being investigated, but replacement plans are underway and we don't foresee significant customer impact.  The baghouse is attached to just one of our furnaces, and that furnace was planned to be down starting this coming weekend for annual maintenance. While that furnace will not operate again until the baghouse is replaced, we have been fully operational on all other production lines since Monday morning.

Once again, we'd like to thank our local firefighters for their work - many of them had a long night before heading to their day jobs Monday morning.  From the entire Spectro Alloys family - Thank you!