They cut the handles off and left the small piece with the rivets. It was cheaper than them welding it and its water tight.
Check out my stainless steel cooler mash tun! http://www.homebrewtalk.com/f11/my-new-mash-tun-268370/
For those of you planning to build this project, I noticed that Amazons price for the Bayou Classic 1044 44-Quart Stainless-Steel Stockpot is down to $68.25 with free shipping!!!http://www.amazon.com/Bayou-Classic-...cmu_pg__header
Just placed my order
Hope you find this information useful.
That's a steal for a pot that size! Awesome!