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Vulcan International Corporation (the "Company") reports today that Vulcan Corporation
and Vulcan Development Company, the Tennessee corporations that own the Company's
Clarksville, Tennessee manufacturing site (the "Clarksville Site"), entered into an agreement for
the sale of the Clarksville Site to an individual buyer on June 2,2020 (the "Agreement").
Pursuant to the Agreement, the buyer is engaged in standard due diligence activities,
including environmental due diligence. Subject to the completion of ongoing due diligence and
the satisfaction or waiver of certain closing conditions set forth in the Agreement, the Company
anticipates that the sale will close by December 31,2020.