Memphis, TN, February 7, 2007 - Chuck Haslebacher, who has served as chief operating officer with VP Buildings, since May, 2005, has been named president of the Memphis-based company, one of the nation's largest manufacturers of metal buildings.

The announcement was made today by Fernando Canales, director of Grupo IMSA North American operations. Grupo IMSA, based in Monterrey, Mexico, is the parent company of VP Buildings. In making the announcement, Canales recognized Haslebacher's broad experience with the company, his dedication and proven record of accomplishment.

Haslebacher joined VP Buildings in 1980. Before being named COO, he served as vice president of customer service. VP Buildings is a wholly-owned subsidiary of Grupo IMSA, S.A.B. de C.V., one of Mexico's leading diversified industrial companies.

"Chuck has been selected to lead VP Buildings because of his understanding of the builder network, the technical aspects of VP's engineering and manufacturing processes, and his proven leadership skills and vision for the company," Canales said.

"With more than 25 years of experience, Chuck Haslebacher has a proven record of accomplishment in every position he has held within the VP organization," Canales continued. "Further, Chuck has the dedication and the capability to lead VP in fulfilling its vision of providing customers with 'the ultimate building solution.' His commitment to continuous improvement throughout the company will help VP set a course for success that will benefit VP, their customers and its parent company, Grupo IMSA.

"Within the Grupo IMSA organization, we believe it is important to have business leaders who are in touch with the markets they serve. Chuck Haslebacher represents this idea and we feel he is well suited to lead the VP team towards its mission providing its customers with the best products and services available in the building systems industry."

Haslebacher, who earned a Bachelor and Masters Degree in Engineering at the University of West Virginia, began his career as an engineer in VP's Memphis office. During his tenure with VP he held several positions including Design Engineer and later, Service Manager.

About VP Buildings

Based in Memphis, Tennessee, VP Buildings engineers and manufactures steel building systems for low-rise commercial applications, including manufacturing, warehouse, school and commercial applications. The company markets its products through a network of more than 1,000 authorized builders. VP Buildings, which has affiliations in Europe, Asia and South America, is AISC certified.

About Grupo IMSA

Grupo IMSA, a holding company, dates back to 1936 and today is one of Mexico's leading diversified industrial companies, operating in three core businesses: steel processed products; steel and plastic construction products; and aluminum and related products. With manufacturing and distribution facilities in Mexico, the United States, Spain, and throughout Central and South America, Grupo Imsa exports to all continents.

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