FORT WAYNE, INDIANA, January 14, 2010 – New Millennium Building Systems announced today it will reduce the workforce at its three joist-and-deck fabrication plants by 22 percent, or approximately 120 positions. The plants are located at Salem, Virginia; Lake City, Florida; and Butler, Indiana. Both production and administrative employees will be affected.

This action is a result of the sustained decline in non-residential construction activity which has resulted in reduced demand for the steel joists, girders, trusses, and steel decking produced by New Millennium. This reduction in workforce is made to bring each facility’s staffing and cost structure in line with the anticipated lower level of demand that is likely to persist throughout 2010 and 2011.

“These cutbacks at New Millennium were a difficult decision,” said Gary Heasley, president of New Millennium Building Systems. “Unfortunately, continued weakness in the economy gives us no other choice but to reduce our workforce at these operations to match staffing to the reduced level of demand. We recognize this action will mean difficulties for the affected employees and regret losing members of our team who have made such a strong contribution to the company.

“We will continue to aggressively pursue new business to increase plant utilization, and to restore profitability to our fabrication operations. This action will not affect New Millennium’s ability to continue to provide our customers with quality products and the high level of service they have come to expect.

“We have invested heavily in New Millennium’s plants and believe they are among the most productive joist- and deck-manufacturing facilities in the country. We believe that this business will recover in time, and that New Millennium will continue to grow and become an even stronger force in the joist and deck industry,” Heasley said.

Forward-Looking Statements

This press release contains some predictive statements about future events, including statements related to the markets for steel building systems, the staffing of certain production facilities, and economic factors and conditions that may affect our future decisions relative to these facilities. These statements are intended to be made as “forward-looking”, subject to many risks and uncertainties, within the safe harbor protections of the Private Securities Litigation Reform Act of 1995. Such predictive statements are not guarantees of future performance, and actual results could differ materially from our current expectations. The company does not assume any obligation to update these statements in a news release or otherwise should material facts or circumstances change in ways that would affect their accuracy.