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Article Excerpt
CLAYTON, Mo. -- Olin Corporation (NYSE: OLN) announced today the completion of the sale of its Metals business to Global Brass and Copper, Inc., an affiliate of KPS Capital Partners, LP. In connection with the sale, Olin expects to realize approximately $380 million in net after tax proceeds. The sale includes all of the Company's worldwide Metals operations, including its manufacturing facilities in East Alton, Illinois; Montpelier and Bryan, Ohio; Waterbury, Connecticut; and Cuba, Missouri, as well as its A. J. Oster metals service centers.
COMPANY DESCRIPTION
Olin Corporation is a manufacturer concentrated in two business segments: Chlor Alkali Products and Winchester. Chlor Alkali Products manufactures chlorine and...
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