Article: Dayton, Ohio-based manufacturer Amcast completes sale of assets.

Dayton Daily News, Ohio Knight Ridder/Tribune Business News

Aug. 3--DAYTON, Ohio -- Amcast Industrial Corp. said Monday it has completed the sale of most of the assets of its Flow Control operation. The sale was made to a U.S. subsidiary of the Dutch group Aalberts Industries N.V.

The sale was made in order to comply with provisions of the company's loan agreements. The net proceeds of approximately $54 million will be used to reduce debt.

Amcast is a ...

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