For immediate release

HOMEWOOD, IL (April 2009) — Graycor Construction Company Inc. (Graycor Construction), a subsidiary of the Graycor family of companies, proudly announces that the Association of Subcontractors and Affiliates (ASA) Chicago has named Steve Oldendorf Outstanding Project Manager of 2008-09.

Oldendorf was chosen from ASA Chicago’s pool of over 400 subcontractors, material suppliers, and associate members in the six-county Chicago metropolitan area. ASA Chicago provides information and education on business issues affecting its affiliated members.

“The outstanding project manager is a highly efficient professional manager who smoothly, skillfully and fairly coordinates and schedules the work of the various trades,” said Kay Anagnos, president, ASA Chicago. “Other criteria include being an astute planner who assures that the site is accessible and available for material deliveries, as well as being reliable and dependable, meeting commitments to subcontractors and suppliers,” she added.

“I am extremely honored that the subcontractors feel I have earned this award,” said Oldendorf, senior project manager, Graycor Construction. “It encourages me to continue to collaborate with our subcontractors and treat them with the respect and fairness they deserve.”

Oldendorf will be honored at ASA Chicago’s annual awards dinner to be held on May 7, 2009, at Eaglewood Resort in Itasca, Ill. Other notable awards will be presented in categories including: Outstanding General Contractor (GC), Outstanding Estimator, Outstanding General Superintendent, Outstanding Project, Outstanding GC Council Rep, Outstanding Subcontractor Member, Outstanding Vendor Member and Outstanding Professional Member.

“We are proud the association has chosen Steve for this honor,” said Dave McAllen, president, Graycor Construction Company. “His diligence and determination throughout his career at Graycor certainly exemplifies ASA’s criteria for an outstanding project manager.”

Oldendorf joined Graycor in 1996 as a member of its engineer training program and has held a variety of increasingly responsible positions within the company throughout his career. With nearly 15 years of construction industry experience, Oldendorf has been instrumental in successfully managing a number of multimillion-dollar commercial projects, including The Promenade Bolingbrook, a 1.1-million-square-foot, main street-style town center located in Bolingbrook, Ill. He earned a B.S. in industrial technology and an M.S. in industrial management from Northern Illinois University. Oldendorf is also a LEED-accredited professional.

Previous ASA Chicago awards for Graycor include most recently Mike Kulik, chief estimator for Graycor Construction, who received the “Outstanding Estimator” award in 2008; Dan Kilgore, currently a construction manager with Graycor Industrial Constructors Inc. (Graycor Industrial), who was named “Outstanding Project Manager of 2000-01”; as well as Graycor was awarded “General Contractor of the Year” in 2000 by the organization.

About Graycor Construction Company Inc.

For five decades, Graycor Construction Company Inc. (Graycor Construction), has been a leader in managing and constructing mid- to large-scale commercial projects across the United States, Canada and Mexico. The company has earned a reputation for its ability to develop intimate knowledge of its clients’ project needs and to translate that knowledge into consistently and successfully completing renovation and ground-up projects coast to coast. From pre-construction planning through final project delivery, Graycor Construction’s management team utilizes its extensive knowledge of commercial markets to deliver real value across the board on each and every project. Graycor Construction serves a select group of clients across a full spectrum of commercial markets across North America.

About the Graycor Companies

The Graycor companies – Graycor Industrial Constructors Inc., Graycor Construction Company Inc., Graycor Blasting Company Inc., and Graycor International – provide a wide variety of industrial and commercial construction services, as well as industrial maintenance technologies, across North America. As a top ranking industry leader, Graycor commits to safe working environments, demands excellence and rewards passion. Established in 1921, Graycor employs more than 1,500 construction specialists at the Chicago headquarters, regional offices and project locations across the United States, Canada and Mexico. For more information on the Graycor family of companies, visit www.graycor.com or call 1-800-455-0440.