PITTSBURGH, Feb. 13 /PRNewswire/ -- At its regular meeting today, the
Board of Directors of Pitt-Des Moines, Inc. (AMEX: PDM) declared a three for
two stock split in the form of a stock dividend distributable on March 28,
1997, to shareholders of record on March 14, 1997. The Board also declared a
quarterly dividend of 27-1/2 cents per share on all shares, including those
issued as a result of the split of common stock, payable March 28, 1997, to
shareholders of record on March 14, 1997.
Pitt-Des Moines, Inc. (PDM(R)) is a diversified engineering and
construction company that also processes and distributes a broad range of
carbon steel products. PDM has three business segments: the Engineered
Construction Division, Steel Construction and Steel Service Centers. PDM has
sales offices and plant facilities located primarily in the United States.
SOURCE Pitt-Des Moines, Inc.
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CONTACT:
T.R. Lloyd, General Counsel and Secretary, or
R.A. Byers, Vice President Finance of Pitt-Des Moines,
412-331-3000
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