Amcast, parent corporation of Lee Brass Co., manufacturer of brass fittings for the plumbing industry, reached an agreement in principle regarding a financial restructuring of its capital that would reduce the company's debt by about $30 million and strengthen its balance sheet.
Ashland Specialty Chemical, a division of Ashland Inc., announced commercialization of its patented SONOXIDE water treatment system for treating bacteria, algae and biofilm in industrial water systems.
LENOX demonstrated its power tool accessories and hand tools at Team Hackman® car-cutting events at 17 NEXTEL Cup Series events in 2004, beginning with a live kick-off event at Daytona International Speedway prior to the first race in the 2004 NASCAR NEXTEL Cup Series.
Murray Supply, a plumbing distributor based in Winston Salem, N.C., received two awards from Affiliated Distributors at A-D's North American meeting in Dallas:
BrassCraft, which manufactures plumbing products for the professional market, and PlumbShop, its retail plumbing products division, recently recognized six sales managers for reaching $1 million or more in Service Parts sales for 2004.
Water-Right signed an exclusive partnership agreement with R-Can Advanced Water Products of Canada to manufacture and distribute the Sanitizer Series™ water treatment system.
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