Tamco Sells for $165 Million

Summary


Rancho Cucamonga-based steel firm Tamco will be sold to Gerdau Ameristeel U.S. Inc. in a deal totaling $165 million, officials announced Wednesday.

The sale is still subject to antitrust and applicable regulatory reviews and is expected to be finalized in the next 45 days.

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Tamco Sells for $165 Million

Pasadena-based manufacturing firm Ameron International Corp. signed a deal Wednesday to sell its 50 percent stake in Tamc...

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