Alumax Mill Products Announces Revised Pricing.ATLANTA--(BUSINESS WIRE)--Oct. 17, 1997--Alumax Mill Products, Inc., 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 AXI Automated X-Ray Inspection (electronics) AXI Association Xpertise Inc (Calgary, AB, Canada) AXI Ada to X-Window System Interface ), today announced that conversion charges on all transaction prices will be increased by $0.01 per pound effective with all shipments on and after November 3, 1997. This is a revision to price changes announced by the company on August 21, 1997. The $0.01 per pound increase will apply to all new depot orders effective October 17, 1997. All existing firm contract agreements will be honored by the company. 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 (Media) 404/846-4642 Fax: 404/846-4691 or R. Daniel Loh (Investors) 404/846-4752 Fax: 404/846-4691 |
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