Harris Steel agrees to buy LEC’s wire, mesh manufacturing assets

Dec 18, 2006 | 09:50 AM |

Harris Steel Group Inc., Toronto, has agreed to purchase the wire and mesh manufacturing business and assets of LEC Steel Inc., Brantford, Ontario.

The purchase price was estimated at Canadian $16.5 million ($14.3 million), including the assumption of certain liabilities and C$4.2 million ($3.6 million) that would be allocated to intangible assets such as goodwill, executives....

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