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Koppers Agrees to Sale of Gainesville, Florida
Wood Treating Facility to Beazer East, Inc.
Florida Customers to be Served by Florence, South Carolina Plant
PITTSBURGH, December 22, 2009 – Koppers Inc., a subsidiary of Koppers Holdings Inc. (NYSE:KOP), announced today that it has reached an agreement for the sale and transfer of the property and buildings at its wood preserving facility in Gainesville, Florida to Beazer East, Inc. “The economic downturn has had a significant impact on our operations in Gainesville,” said Walt Turner, president and CEO of Koppers. “It is always difficult to close an operating facility such as Gainesville, as a closure like this directly affects the livelihood of our employees. Despite the closure of this facility, Koppers remains committed to the utility pole business and will continue to serve the needs of customers in the southeastern United States from its Florence, South Carolina wood treating facility. We have always been committed to operating the Gainesville facility in full compliance with state and federal environmental regulations. We do understand that investigation and remediation of historic conditions at this site are important issues in Gainesville, and we are hopeful that those environmental issues, which pre-date our ownership of the facility, will be efficiently and satisfactorily resolved.” Koppers Inc. has operated the Gainesville facility since December 1988, focusing on the treatment and distribution of utility poles, marine pilings and marine lumber. About Koppers Koppers, with corporate headquarters and a research center in Pittsburgh, Pennsylvania, is a global integrated producer of carbon compounds and treated wood products. Including its joint ventures, Koppers operates facilities in the United States, United Kingdom, Denmark, Australia, and China. The stock of Koppers Holdings Inc. is publicly traded on the New York Stock Exchange under the symbol "KOP." For more information, visit us on the Web: www.koppers.com. Questions concerning investor relations should be directed to Brian H. McCurrie at 412 227 2153 or Michael W. Snyder at 412 227 2131.
TOWN HALL MEETING ANNOUNCED THE CABOT-KOPPERS GAINESVILLE SUPERFUND SITE LITIGATION GROUP is currently evaluating all property damage, trespass, nuisance and other statutory violations of State and Federal laws, in addition to personal injury claims associated with the decades-long human exposure to highly toxic chemicals and carcinogens used in high pressure treatment of certain wood products that may have migrated from the U.S. EPA designated Superfund Site to your home and property as a result of the negligent use, storage and waste management practices related to these chemicals. At the request of several Gainesville residents and community leaders, who have retained this experienced group of attorneys and law firms to determine whether family members who have been diagnosed with multiple forms of cancers, tumors, birth defects and deformities, respiratory, neurological or other diseases and injuries, the Litigation Group is collecting relevant data and conducting EPA sanctioned indoor air quality studies to methodically confirm the links needed to support Gainesville landowners’ property damage claims, loss in property values or home renters’ claims for the interference of their use and enjoyment of their homes. If you are interested in contributing to our database of facts, or if you are interested in learning whether you have been deprived of your rights as a property owner or renter, or if you or a family member has been injured and you wish to discuss how you might participate in the legal process by retaining counsel to evaluate your particular rights, please complete this short Questionnaire with your Community Leader or Representative; or contact Stephen David Murakami, Esq., Lead Coordinator of the Cabot-Koppers Gainesville Superfund Site Litigation Group, and Managing Attorney at The Law Offices of Robert H. Weiss, PLLC in Jericho, New York, one of the leading law firms of the Group: Office Tel: (Toll Free) (866) 869-6977; or (516) 876-4213; Cell Phone: (516) 398-7776; Fax Number: (516) 876-6906; E-mail:
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;
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. Your Community Leader or Representative will assist you in completing this Questionnaire, or you may fax or e-mail your completed Questionnaire directly to Mr. Murakami, or Zachary Cohen, Esq.,
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MPORTANT NOTE: Members of the Cabot-Koppers Gainesville Superfund Site Litigation Group will be in Gainesville to meet with our Gainesville Clients and to hold a town-hall type meeting on the evening of January 18th, 2010 (the specific time and location to be announced soon). Also, to make comunications easier between our Gainesville clients and our Litigation Group Member Law Firms, we are in the process of building a permanent website dedicated to this project. The temporary Cabot-Koppers Gainesville Superfund Site Litigation Group website should be up and running on or about January 5th or 6th, 2010. We look forward to hearing from you and meeting with you on January 18th, 2010. For up-to-date details you may contact your Community Leaders and Representatives or contact Mr. Murakami. On behalf of the attorneys and staff of the Cabot-Koppers Gainesville Superfund Site Litigation Group, as well as your Community Leaders, Thank You for your time and interest. Robert H. Weiss, Esq. |
