DBM GLOBAL INC - DBMG STOCK NEWS

DBM Global Inc. celebrates a construction milestone with the completion of the final piece of major structural steel on JFK International Airport's New Terminal One Headhouse. The project, encompassing 2.4 million square feet, is now the largest airport terminal in the US. Banker Steel Co. , along with its partners, fabricated 33,000 tons of steel for the terminal, showcasing exceptional collaboration and efficiency. The terminal will offer enhanced travel experiences with over 300,000 square feet of amenities and a focus on sustainability.

DBM Global Inc. (DBMG) celebrates a milestone with the completion of the steel framework of the 60-story 270 Park Avenue building in New York City, the new global headquarters of JPMorgan Chase. The largest steel structure in NYC, it will provide 2.5 million sq ft of space for 14,000 employees. Banker Steel and NYC Constructors contributed 93,600 tons of structural steel with over 800 craft workers, finishing ahead of schedule. The building features sustainability and renewable energy, making it a remarkable addition to the New York skyline.

DBM Global Inc. has elected Stacy Reyan as a new Board member, enhancing their leadership team as they pursue growth. Current directors remain in their roles, while former director Robert V. Leffler, Jr. has completed his service. Chairman and CEO James R. Roach expressed confidence that Reyan's human resource expertise will drive shareholder value. Reyan, with over 25 years of experience in human resources, aims to align people strategies with business goals. DBM Global, based in Phoenix, Arizona, continues to provide integrated steel construction services worldwide, serving diverse markets including healthcare, commercial, and public works.

Schuff Steel Company, a subsidiary of DBM Global, has denied allegations made by the EEOC regarding widespread discrimination at its Eloy facility. The company asserts its commitment to a discrimination-free workplace and claims to have thoroughly investigated the allegations without finding supporting evidence. Confident in its defense, Schuff Steel looks forward to presenting facts in court to vindicate its practices. With a reputation as a leading structural steel builder in the U.S., Schuff Steel emphasizes its proactive approach to project management and construction.

DBM Global Inc. announced the election of Robert B. Holland, III as a new board member, enhancing the Board's expertise. Chairman James R. Roach noted that Holland's experience will contribute significantly to shareholder value amidst ongoing growth. Holland brings a wealth of experience as an executive and board member in various companies and previously served as the Executive Director of the U.S. at the World Bank. The announcement emphasizes the company's commitment to delivering sustainable value through its collaborative approach in sectors such as healthcare and construction.

DBM Global Inc. (OTC: DBMG) has announced a cash dividend of approximately $15 million, equating to $3.89 per share, to be paid on January 28, 2022. The dividend will be distributed to stockholders of record as of the close of business on January 14, 2022. This payment reflects the company's commitment to returning value to its shareholders as it operates in multiple international markets, providing integrated steel construction services.

DBM Global Inc. announced the election of two new Board members, Brian Goldstein and Holly Cindell, enhancing its leadership team. Brian, a former partner at PWC, brings extensive tax leadership experience, while Holly is a veteran in the construction industry with a strong background in project management. This change aims to bolster shareholder value amid ongoing expansion efforts.

DBM Global Inc. (OTC: DBMG) will pay a cash dividend of approximately $5 million, translating to $1.297 per share, on August 31, 2021. Stockholders of record as of August 16, 2021 will be eligible to receive the dividend. This payment reflects the company’s commitment to delivering value to its investors and highlights its stable financial performance. DBM Global provides integrated steel construction services across various sectors, including commercial, healthcare, and public works, with a global operational footprint.