ThyssenKrupp sells MetalCutting business
 

http://www.jsonline.com/bym/news/aug05/349939.asp

In a deal expected to close before the end of the year, ThyssenKrupp
AG would sell its metal-cutting business, which includes Giddings,
to privately held Maxcor Inc. of New York.

The purchase price was not disclosed, but ThyssenKrupp said it would
take a loss on the sale.

http://www.fadal.com/

ThyssenKrupp MetalCutting

Cross Hüller
Hüller Hille
Giddings & Lewis
Hessapp
Fadal
Witzig & Frank

"John Scheldroup" wrote in message ...

http://www.jsonline.com/bym/news/aug05/349939.asp

In a deal expected to close before the end of the year, ThyssenKrupp
AG would sell its metal-cutting business, which includes Giddings,
to privately held Maxcor Inc. of New York.

The purchase price was not disclosed, but ThyssenKrupp said it would
take a loss on the sale.

http://www.fadal.com/

ThyssenKrupp MetalCutting

Cross Hüller
Hüller Hille
Giddings & Lewis
Hessapp
Fadal
Witzig & Frank


http://www.thyssenkrupp.com/en/press...device=printer

Press release, Aug. 12, 2005
Technologies completes portfolio optimization

Best-owner found for ThyssenKrupp MetalCutting

The sale of the MetalCutting business unit completes the portfolio optimization of
the Technologies segment. In the future, Technologies will concentrate on the business
units with growth potential – Plant Technology, Marine Systems and Mechanical Engineering.

I guess Kearney and Trecker would be included since they're owned by
Giddings. Not that they make anything anymore.

"John Scheldroup" wrote in message
...

http://www.jsonline.com/bym/news/aug05/349939.asp

In a deal expected to close before the end of the year, ThyssenKrupp
AG would sell its metal-cutting business, which includes Giddings,
to privately held Maxcor Inc. of New York.

The purchase price was not disclosed, but ThyssenKrupp said it would
take a loss on the sale.

http://www.fadal.com/

ThyssenKrupp MetalCutting

Cross Hüller
Hüller Hille
Giddings & Lewis
Hessapp
Fadal
Witzig & Frank

"AL" wrote in message ...
I guess Kearney and Trecker would be included since they're owned by Giddings. Not that they make anything anymore.


China is buying up those great old hydraulic knee mills to ship off to China.
Very best hor/vert mills for all around strength and rigidity which I have used,
the ones I worked on were probably built back in WW2 too.

John

On Wed, 24 Aug 2005 12:15:59 -0500, "John Scheldroup"
wrote:


http://www.jsonline.com/bym/news/aug05/349939.asp

In a deal expected to close before the end of the year, ThyssenKrupp
AG would sell its metal-cutting business, which includes Giddings,
to privately held Maxcor Inc. of New York.

The purchase price was not disclosed, but ThyssenKrupp said it would
take a loss on the sale.

http://www.fadal.com/

ThyssenKrupp MetalCutting

Cross Hüller
Hüller Hille
Giddings & Lewis
Hessapp
Fadal
Witzig & Frank

This is the same Krupp that ran all the concentration camp factories
using Jew and Polish slave labor during the 30s and early 40s?

Gunner

"Pax Americana is a philosophy. Hardly an empire.
Making sure other people play nice and dont kill each other (and us)
off in job lots is hardly empire building, particularly when you give
them self determination under "play nice" rules.

Think of it as having your older brother knock the **** out of you
for torturing the cat." Gunner

ThyssenKrupp sells MetalCutting business
 

Hey John,

I see where they sold the heat-treat plant too, in Windsor, Ontario.
Was called Thyssen Marathon for many years, but now it answers "Swiss
Steel International".

Brian Lawson,
Bothwell, Ontario.
XXXXXXXXXXXXXXXXX


On Wed, 24 Aug 2005 12:15:59 -0500, "John Scheldroup"
wrote:


http://www.jsonline.com/bym/news/aug05/349939.asp

In a deal expected to close before the end of the year, ThyssenKrupp
AG would sell its metal-cutting business, which includes Giddings,
to privately held Maxcor Inc. of New York.

The purchase price was not disclosed, but ThyssenKrupp said it would
take a loss on the sale.

http://www.fadal.com/

ThyssenKrupp MetalCutting

Cross Hüller
Hüller Hille
Giddings & Lewis
Hessapp
Fadal
Witzig & Frank