St. Joseph News-Press

Business Digest, Feb. 22, 2002

Atchison Casting sells

most of L.A. subsidiary

ATCHISON, Kan. - Atchison Casting Corp. has sold the majority of its Los Angeles Die Casting subsidiary to Del Mar Industries.

Atchison Casting officials said approximately $2.4 million from the sale will be used to retire outstanding indebtedness. An undisclosed portion of the sale will be used for working-capital purposes.

The deal is Atchison Casting's second major sale of a subsidiary in the last couple of months. …

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