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09 Aug
19:25

AK buys stamper for $360 million

AK Steel has finalised its purchase of automotive stamper Precision Partners Holding Company for $360 million, Kallanish reports. AK initially announced its intention to buy the company in early July. Precision consists of eight facilities in Ontario, Alabama and Kentucky. "We are extremely pleased with the existing successful platforms and business that Precision Partners brings to our company, and even more excited about how well this acquisition posit…
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