Harris Steel Group is a leading North American steel fabricator and processor with sales of over $1 billion reported for the nine months ended September 30, 2006. Through 44 strategically located facilities in Canada and the United States, we sell value-added products and services to a diverse customer base within the construction, automotive, industrial and mining markets. As a result of our considerable steel purchasing requirements, we exercise significant buying power while our strong balance sheet provides the liquidity to invest in substantial inventory levels allowing us to capitalize on meeting the most demanding, time-sensitive customer priorities. On March 2, 2007, we announced that Nucor Corporation, our partner of three years in the U.S. reinforcing operations, acquired 96.6% of our issued and outstanding shares in a friendly, all-cash transaction. Nucor will acquire the remaining shares through a Compulsory Acquisition transaction, notice of which was delivered to shareholders March 9, 2007. Subsequently, the shares of Harris Steel were de-listed from the TSX effective at the close of business March 13, 2007.
