EXHIBIT 99

CAUTIONARY STATEMENTS BY THE COMPANY REGARDING
     FORWARD LOOKING STATEMENTS


     Certain statements in this Form 10-K, including information set forth
under the caption "Management's Discussion and Analysis of Financial Condition
and Results of Operations", constitute "forward-looking statements" within the
meaning of  Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended (together, the
"Securities Acts").  The Securities Acts provide certain "safe harbor"
provisions for forward-looking statements.  The Company desires to take
advantage of the "safe harbor" provisions of the Securities Acts and is
including these cautionary statements ("Cautionary Statements") pursuant to
the Provisions of the Securities Acts with the intention of obtaining the
benefits of the "safe harbor" provisions.  In order to comply with the terms
of the "safe harbor" in the Securities Acts, the Company cautions investors
that forward-looking statements included in this Form 10-K, or hereafter
included in other publicly available documents filed with the Securities and
Exchange Commission, reports to the Company's stockholders and other publicly
available statements issued or released by the Company involve substantial
risks, uncertainties, and other factors which could cause the Company's actual
results, performance (financial or operating) or achievements to differ
materially from the future results, performance (financial or operating) or
achievements expressed or implied by such forward-looking statements.  The
Company believes the following important factors could cause such a material
difference to occur:

1.  The Company's ability to grow through the acquisition and development of
    galvanizing or the acquisition of ancillary businesses.

2.  The Company's ability to identify suitable acquisition candidates, to
    consummate or complete construction projects, or to profitably operate or
    successfully integrate enterprises into the Company's other operations.

3.  The Company's ability to secure the capital and the related cost of such
    capital necessary to fund its future growth through acquisition and
    development, as well as internal growth.

4.  The level of competition in the Company's industries and the possible entry
    of new, well-capitalized competitors into the Company's markets.

5.  Uncertainties and changes in environmental compliance costs associated with
    past, present and future operations.

6.  Uncertainties and changes related to federal, state and local regulatory
    policies, including environmental laws related to the galvanizing
    industry.

7.  The Company's ability to staff its galvanizing operations appropriately
    with qualified personnel, including in times of shortages of such
    personnel and to maintain a satisfactory relationship with labor unions.

8.  The pricing and availability of equipment, materials and inventories,
    including zinc "pigs", the major component used in the hot dip galvanizing
    industry.

9.  Uncertainties and changes in general economic conditions.

10. Uncertainties and changes in several industries to which the company's
    businesses are closely tied, such as highway and transportation,
    communications and energy.

11. Performance issues with key suppliers and subcontractors.

12. Uncertainties related to the retention of key customers in each of the
    Company's business segments.

The words "believe," "expect," "anticipate," "project," "plan" and similar
expressions identify forward-looking statements.  Investors are cautioned not
to place undue reliance on these forward-looking statements, which speak only
as of the date the statement was made.

The foregoing review of significant factors should not be construed as
exhaustive or as an admission regarding the adequacy of disclosures previously
made by the Company.