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Blount Signs Agreement to Purchase the Assets of Windsor Forestry Tools Inc.
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PR Newswire
- Article date:
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September 28, 2000
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Copyright informationCOPYRIGHT 2000 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MONTGOMERY, Ala., Sept. 28 /PRNewswire/ --
Blount International, Inc. (NYSE: BLT) ("Blount") today announced the signing of a definitive agreement to purchase the assets of Windsor Forestry Tools Inc. ("Windsor"), located in Milan, Tennessee. Windsor, which had sales of approximately $17 million for the twelve months ended June 30, 2000, manufactures cutting chain and guide bars for chain saws and commercial timber harvesting equipment. The business, which includes a modern 60,000 square foot manufacturing facility, will become part of Blount's Outdoor Products Group. The purchase is expected to close within one month.
Commenting on the acquisition, Mr. James S. ...
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