Pennex Aluminum in deal to buy GEI facility in Ohio

Sep 09, 2010 | 12:15 PM |

Pennex Aluminum Co. plans to buy GEI of Columbiana Inc.'s operation in Leetonia, Ohio, in a move that the Metal Exchange Corp. subsidiary said will expand its customer reach and product range.

The deal, which is undergoing due diligence, is expected to be completed by the end of the year, the two companies said in a joint statement. The terms of the deal were not disclosed.....

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