SYNL Hot Sheet Dividend Yield: 7.9% Revenue Growth %: +10.8% SPARTANBURG, S.C., Aug. 13, 2012 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL), a producer of stainless steel pipe, fabricator of stainless and carbon steel piping systems, and producer of specialty chemicals, announces that it has entered into an agreement to acquire Palmer of Texas ("Palmer"), a leading manufacturer of liquid storage solutions and separation equipment for the petroleum, municipal water, wastewater, chemical and food industries. In recent years, Palmer's business has been focused on providing fiberglass (FRP) and steel tanks to the oil industry. Their primary facility in Andrews, Texas is strategically...
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