June 2005
Metal Center News;Jun2005, Vol. 45 Issue 7, p14
Trade Publication
The article reports that Russel Metals Inc. has sold its previously shuttered distribution center in Lachine, Quebec, for $5.7 million. The Lachine facility was made redundant when Russel acquired Acier Leroux. The sale will result in a one-time gain on the sale of $2.8 million, which will be recorded as part of the restructuring charges in the second quarter.


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