Alumax Announces Monthly Transaction Price for Unalloyed Primary Aluminum.ATLANTA--(BUSINESS WIRE)--Nov. 4, 1997--Alumax Primary Aluminum Corporation today announced its monthly transaction price for unalloyed un·al·loyed adj. 1. Not in mixture with other metals; pure. 2. Complete; unqualified: unalloyed blessings; unalloyed relief. aluminum (P1020 tee) for the month of November 1997. The company said that the monthly transaction price for its basic product will be $0.83 per pound, a decrease of $0.01 per pound from the previous month. Alumax Primary Aluminum Corporation is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Alumax Inc. (NYSE NYSE See: New York Stock Exchange : AMX AMX American Motors Experimental AMX Aeromexico Aerovias de Mexico (ICAO code) AMX Air Mobility Express AMX Amberjacks (FAO fish species code) AMX Alabama Motor eXpress ; Toronto: AXI). Alumax is a world leader in aluminum with assets of $3.4 billion and 1996 revenues of more than $3.1 billion. The company produces and markets primary aluminum ingot ingot Mass of metal cast into a size and shape such as a bar, plate, or sheet convenient to store, transport, and work into a semifinished or finished product. The term also refers to a mold in which metal is so cast. , billet and slab and is a major fabricator of value-added aluminum products for the transportation, distributor, building and construction, packaging and consumer durables markets. CONTACT: Alumax Thomas R. Hagley, 404/846-4642 Director, Public Affairs Fax: 404/846-4691 or R. Daniel Loh, 404/846-4752 Manager, Investor Relations Fax: 404/846-4691 |
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