INDUSTRIAL FIREPROOFING PROSPECT STEEL February 21, 2014 Derek Stallard – 412.390.4717 – DerekS@jtthorpe.com

JTT Overview We have been in business since 1906. JTT is one of the largest industrial fireproofing contractors in North America. We are the largest employer of Bricklayers in the USA. We are growing our business and market share. We have 9 shop fireproofing locations across the USA and 2 in Canada.

SHOP & FIELD JTT offer’s a turnkey approach, providing both shop and field solutions Both Union & Non-union sites across the country

JTT US Shop Locations Pittsburgh, PA – Fireproofing Division Headquarters Maysville, KY  Tuscon, AZ  Baton Rouge, LA  St. Louis, MO  Salt Lake City, UT  Los Angeles, CA  Oakland, CA  Chicago, IL

JTT Locations Continued Property Management Team through Colliers International allows for a multitude of location options throughout the US Mobile Fireproofing Unit can perform work directly at fab site or mobile lease sites Multiple options to minimize freight costs

JTT Fireproofing Capabilities JTT provides quality installation for all available industrial fireproofing systems. Lightweight Cementitious, Concrete, Intumescent Pyrocrete Fendolite Chartek Thermo-Lag 3000 Albi Clad 800 Concrete Pneumatic, spray, troweled

JTT Quality Highest quality installed product ZERO back-charges, rework or warranty issues with any fireproofing projects. Industry leading standardized QC system QC checks integrated into process at every level (craft, foreman, superintendent, QC inspector, management) Every worker is QC certified & trained on each FP system Depth gages, visual charts and standard procedures simplify the process Every step for every piece is signed off and documented for quality Records maintained of all work completed

JTT Quality – ITP Example

JTT Warranty

JTT Craft Differentiation Largest employer of Bricklayers in North America Manpower Data Base: We developed our own web-based program to track worker skills and training records. Tool to ensure we are working the safest and most talented workers. Contains over 2,579 Employees, 36,615 documents and 49,920 ratings. 1,267 Fireproofing Ratings in 2013 Workers are rated on safety, attitude, supervisory ability, and 15 other craft related tasks Enables us to match the needs of each job with workers possessing proper skillsets. Concrete vs lightweight cementitious vs intumescent Skilled manpower = quality, productivity, and reliability.

Database Screenshot Skill Ratings

Safety – The Numbers 4 years, 3,261,136 man hours, 0.00 LT OSHA Recordable rates the last 4 years at 0.29 in 2010, 0.79 in 2011, 0.58 in 2012, and 0.46 in 2013 JTT EMR 0.68 in 2010 0.75 in 2011 0.67 in 2012 0.62 in 2013 Highest available grade on ISNetworld, PICS, Browz

JTT Management Differentiation Experienced, salaried, professional responsible for all aspects of the job Committed to meeting schedule, every time Detailed schedule developed at project start Progress tracking on a daily basis, weekly progress update to customer Each shop piece is tracked, each connection joint in field Single point of contact for customer Ability to increase production levels up rapidly to meet schedule demands – multiple shifts Flexible working hours to maximize production and minimize added cost. High Expectations in everything we do

JTT Management Differentiation – Progress Reporting Example

JTT Pricing Can provide quick turn quotes in under 24 hours We provide $/sqft pricing for finished product We provide $/load pricing for freight Variables: Fireproof rating spec, 2 hr vs 4 hr, varies material thickness Type of fireproofing system specified Project / product material pricing Overall quantity – Economies of scale Schedule desired

JTT Pricing Examples Recent project price quotes: Fendolite MII P / Pyrocrete 241 4 HR Fendolite / Pryocrete 241 – $27 - $30 / SQFT 2 HR Fendolite / Pyrocrete 241 – $23 - $26 / SQFT Intumescent (Chartek, Thermo-Lag, Albi Clad) 4 HR – $42 - $50 / SQFT 2 HR – $31 - $37 / SQFT Concrete 4 HR – $650 - $900 / CUYRD

Contact Derek Stallard Operations Manager – Fireproofing Division Office: 412.787.1705 Mobile: 412.390.4717 17 Ferry Street Leetsdale, PA 15056