EXHIBIT 99.1
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                                  NEWS RELEASE
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      KINARK CORPORATION - 2250 EAST 73RD ST. - Suite 300 - Tulsa, OK 74136
                      (918) 494-0964 - Fax: (918) 494-3999


FOR IMMEDIATE RELEASE:



Contact:  Paul R. Chastain
Phone:    (918) 524-1506


          Kinark Announces Change of Corporate Name and Ticker Symbol:
                   NORTH AMERICAN GALVANIZING & COATINGS, INC.

     Tulsa, Oklahoma, June 30, 2003 - Kinark Corporation (AMEX) announced today
that effective July 1, 2003, the Company's new name will be "North American
Galvanizing & Coatings, Inc." and its common stock will begin trading under the
new ticker symbol: NGA.

     The Company said it will issue new stock certificates bearing the Company's
new name in the ordinary course of trading and re-issuance and does not intend
to solicit the exchange of outstanding stock certificates. Stockholders holding
their Kinark shares in street name will see the Company's name change reflected
in future statements. Accordingly, no action is required by stockholders with
respect to their stock certificates or shares held in street name.

     Ronald J. Evans, President and CEO, said, "Our stockholders voted
overwhelmingly to approve the name change, which better describes our core
business of hot dip galvanizing and coatings. The Company has developed a very
recognizable brand name with North American Galvanizing, a name reflecting
quality of product and service, and is positioned to capitalize on that asset."

     North American Galvanizing is a leading provider of hot dip galvanizing and
coatings for corrosion protection of fabricated steel products. The Company
conducts its galvanizing and coating business through a network of plants
located in Denver, Hurst (Dallas/Forth Worth), Houston, Kansas City, Louisville,
Nashville, St. Louis and the Tulsa area. Hot dip galvanizing provides metals
corrosion protection for many product applications used in commercial,
construction and industrial markets. North American Galvanizing Company can also
be reached through our website, WWW.NAGALV.COM.

     Cautionary Statement. Statements in this news release that are not strictly
historical may be "forward looking" statements, which involve risks and
uncertainties. These include economic and regulatory conditions, issues with
suppliers, market demand, pricing and competitive factors, among others, which
are set forth in the Company's Securities and Exchange filings.

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