Amadeusz Juskowiak

Amca ail to sell some dominion bridge assets

AMCA International Ltd said it finalized agreement to sell certain assets and inventories of its Dominion Bridge steel service center operations to Federal Industries Ltds Russelsteel Inc unit Terms were undisclosed

It said the sale involved assets and operations of the general line of steel service centers in Toronto and Edmonton Alberta and steel from inventories of closed AMCA branches

The company said the sale was part of a previously announced restructuring program to allow it to focus on certain core businesses and generate cash to cut debt