WEBCO INDUSTRIES, INC. ANNOUNCES DANA S. WEBER APPOINTMENT | Webco Industries, Inc.

WEBCO INDUSTRIES, INC. ANNOUNCES DANA S. WEBER APPOINTMENT

Monday, March 5, 2018

SAND SPRINGS, Oklahoma, March 5, 2018 – Webco Industries, Inc. announced today that Dana S. Weber, President and Chief Executive Officer, was appointed to the Federal Reserve Bank of Kansas City’s Oklahoma City Branch Board of Directors. Ms. Weber will serve a three-year term, ending December 31st, 2020.

As the regional headquarters of the nation’s central bank, the Federal Reserve Bank of Kansas City and its branches in Denver, Oklahoma City and Omaha serve the seven states of the Tenth Federal Reserve District: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri.

Ms. Weber, who also serves as the Vice-Chairman of Webco’s Board of Directors, stated “It is an honor to have the opportunity to serve on the Oklahoma City Branch Board. In the past two months, I have learned a tremendous amount about the history, complex structure, and numerous functions of the federal reserve system. The quality of the talent and leadership at the Kansas City Federal Reserve Bank and its branches is impressive. Sound business principles are being utilized to continuously adapt to their dynamic environment.  It is heartwarming to see true public servants, clearly dedicated to effectively serving the people of their district and the citizens of America. It is truly an honor to be a part of this team.”  Ms. Weber graduated from the University of Tulsa with a Bachelor of Science in Accounting in 1979 and with a Juris Doctorate in 1983. Ms. Weber is also a 1986 graduate of the Harvard Business School Program for Management Development.

More information about the Kansas City Federal Reserve and about the role and structure of the Federal Reserve Bank’s Board of Directors is available on the Kansas City Fed’s website.

About Webco Industries, Inc.

Webco’s mission is to create a vibrant company for the ages. We leverage on core values of trust and teamwork, continuously building strength, agility and innovation. We focus on practices that are in support of our brand, such that we are 100% engaged every day to build a forever kind of company for our teammates, customers, business partners and community. We manufacture and distribute high-quality carbon steel, stainless steel and other metal tubular products designed to industry and customer specifications. We have six tube production facilities in Oklahoma and Pennsylvania and fine value-added/distribution facilities in Oklahoma, Texas, Illinois and Michigan, serving customers globally. For further details, visit http://www.webcotube.com