Horsehead investments set to pay off
Aug 05, 2013 | 04:45 PM
| Everdeen Mason
NEW YORK Horsehead Holding Corp. said investments in zinc oxide subsidiary Zochem Inc. and a new zinc smelting plant in Mooresboro, N.C., will pay off when both projects are completed by the end of this year.
Pittsburgh-based Horsehead doubled its net earnings at Zochem in the second quarter and posted a 20-percent increase in zinc oxide production compared with the first three months of this year, vice president and chief financial officer Robert Scherich said during an earnings conference call Aug. 5.....
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