Plan to Sell Elk Grove Village Building

3 Months Ended

May 31, 2012

Plan to Sell Elk Grove Village Building

(16) Plan to Sell Elk Grove Village Building. In April 2011, after receiving authority from the Board of Directors, management committed to a plan to sell the building located at 2200 East Pratt Boulevard in Elk Grove Village, Illinois. This building houses our corporate offices and housed our coil coating assets before they were sold in April 2010. Since the production portion of the building is idle, this building is no longer critical to our business. We do not expect the sale to occur within the next 12 months due to current economic conditions and the availability of similar space in the Chicago area. We have also leased significant portions of the building for the next year, which may affect our ability to sell it quickly. Because of these factors, the building does not meet the criteria to be classified as an asset held for sale; however, if circumstances change, we will reevaluate the appropriate classification of the building.