Monday, June 11, 2007
RE: The Walker Group is Expanding
Walker Group Holdings LLC of New Lisbon, Wisconsin, a portfolio company of Insight Equity, is pleased to announce today the completion of two major acquisitions as it expands in the transportation industry.

Walker Group Holdings originally consisted of the four operating divisions of Walker Stainless Equipment Company LLC: Walker Transport, Walker Engineered Products, Walker Barrier Systems and Extract Technology Limited, making products for the dairy, food, beverage, chemical, pharmaceutical and nuclear industries.

The two acquisitions in the transportation sector are noted below:

Garsite/Progress LLC. Garsite, based in Kansas City, KS, is a leading manufacturer of specialized aviation refueler trucks and hydrant carts. Progress Tank, founded in Arthur, IL in 1922, is a global manufacturer of vacuum and refined fuel tanks constructed of aluminum, steel and stainless steel. In addition to the Kansas and Arthur facilities, Garsite also has a refueler refurbishment and sales operation in Findlay, OH.

Brenner Tank LLC Brenner Tank, based in Fond Du Lac, WI, is one of North America's leading manufacturers of stainless steel and aluminum tank trailers for the transportation of food, chemical, environmental and petroleum products. In addition to its headquarters and main manufacturing plant in Fond Du Lac, Brenner maintains parts and repair facilities in Mauston WI, Houston TX, Memphis TN, Ashland KY and Gonzalez LA.

The operating management teams at Progress/Garsite and Brenner will remain in place. In addition, the Brenner, Progress and Garsite brand names and technologies are well-recognized and those distinct brands will continue to be supported in the marketplace. Doug Chapple, CEO of the Walker Group, commented We are pleased to welcome both Garsite/Progress and Brenner Tank to the Walker Group Holdings family. We are extremely excited about the opportunities to successfully grow these companies together, using the talented management teams and workforces to build on the excellent reputation that their products have in the industries they serve.

Walker Group Holdings LLC
625 State Street
New Lisbon, WI 53950

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