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Commonwealth slates sale of Alflex unit to Southwire.

Publication: American Metal Market
Publication Date: 08-JUN-04
Format: Online - approximately 315 words
Delivery: Immediate Online Access
Full Article Title: Commonwealth slates sale of Alflex unit to Southwire.(Scrap)(Commonwealth Industries Inc.)

Article Excerpt
NEW YORK -- Commonwealth Industries Inc., Louisville, Ky., plans to make aluminum sheet, coil and tubing its sole business and will sell its Alflex electrical goods unit to Southwire Co. for about $60 million.

Narrowing the company's scope might lead to an eventual merger or takeover, industry sources said,...

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