Keystone agrees to contribute to retirees' health-care benefits

Nov 01, 2004 | 09:05 AM |

Keystone Consolidated Industries Inc. retirees and their families will get help meeting their health-care and life insurance needs from the Dallas-based company pending bankruptcy court approval of an agreement reached last week.

Bert Downing Jr., vice president and chief financial officer of Keystone Consolidated--the parent company of Keystone Steel & Wire Co., Bartonville, Ill.--said assistance to the three groups of retirees would be direct or indirect, depending on choices made by the individual retirees or family members participating. About 1,800 people,....

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