Hanson Industries said it expects proceeds of...
Hanson Industries said it expects proceeds of about $14.5 million in cash from selling several units and properties. The unit of Hanson PLC sold the assets of Allied Paper’s Kalamazoo, Mich., paper plant to Performance Papers Inc. for $5.5 million. The Austin, Tex., aggregates and ready-mix businesses of Kaiser Cement were purchased by Texas Readymix Inc. for $2.3 million. Hanson said it had completed the sale for $6.7 million of certain real estate assets acquired as part of its 1987 acquisition of Kidde Inc.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
