SMS Demag to acquire rest of Millcraft venture

Dec 06, 2005 | 08:41 AM | Philip Burgert

SMS Demag AG, Düsseldorf, Germany, plans to purchase the 50-percent stake in Millcraft-SMS Services LLC, Washington, Pa., it doesn't already own.

The joint venture with Millcraft Industries Inc., Canonsburg, Pa., was established in January 2002 to offer repair and maintenance services to steelmakers.....

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