Taylor-Wharton Announces the Sale of Certain Assets and Liabilities of its Subsidiaries, American Welding & Tank LLC and TW Express LLC

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Taylor-Wharton International LLC announces the sale of certain assets and liabilities of its subsidiaries American Welding & Tank LLC and TW Express LLC to Quality Steel Corporation effective May 24.

Taylor-Wharton International LLC announces the sale of certain assets and liabilities of its subsidiaries American Welding & Tank LLC and TW Express LLC to Quality Steel Corporation based in Cleveland, Mississippi, effective May 24, 2013.

The sale includes the American Welding & Tank brand, as well as facilities and the workforce in Fremont, Ohio and West Jordan, Utah. Crossville, Tennessee operations are excluded from the purchase.

Quality Steel Corporation is a privately owned corporation that manufactures ASME propane tanks and has been serving the propane industry since 1957.

About Taylor-Wharton International LLC

Taylor-Wharton International LLC is a world-leading technology, service and manufacturing network for gas applications involving pressure vessels and precision valves. Taylor-Wharton International LLC operates three complementary businesses from 16 manufacturing, sales, warehouse and service facilities in six countries, on four continents, and markets its products in over 80 countries worldwide. Additional information about Taylor-Wharton International LLC can be located at http://www.twiglobaltech.com; http://www.taylorwharton.com.

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Jim Hoppel, Chief Financial Officer

Laura Duran Guiles
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