Alumax Mill Products maintains book pricing policy.NORCROSS, Ga.--(BUSINESS WIRE)--Sept. 15, 1995--Alumax Mill Products, Hinsdale, Ill., announced today that it intends to maintain published book pricing for its products with a functional distributor discount for approved distributor accounts. The company indicated it has closely evaluated an 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. plus conversion charge pricing method but has decided it will not follow this published pricing format. The company said it fully supports a premium for depot sales and the elimination of the large coil (ingot recovery coil) deductor. It noted that this position will be reflected in its pricing policy. Alumax Mill Products 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 Norcross, Georgia-based 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 approximately $3.0 billion and annual revenues of approximately $2.8 billion. CONTACT: Alumax, Inc., Norcross Daniel Loh, 770/246-6752 Fax: 770/246-6691 |
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