Firm to Buy Shares of Tritech, Trimin.Castings Acquisition Corp., Toronto Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing , Ontario, Canada, an affiliate company of the Carlyle Group  The of this article or section may be compromised by "weasel words".You can help Wikipedia by removing weasel words. The Carlyle Group is a Washington, D.C. , has announced its intention to acquire shares of Tritech Precision, Inc., and Trimin Enterprises, Inc., totaling $285-million. Tritech is a precision casting company that designs and manufactures metal castings Metal casting A metal-forming process whereby molten metal is poured into a cavity or mold and, when cooled, solidifies and takes on the characteristic shape of the mold. for the automotive, commercial and mining industries. Tritech also holds 54% of Haley Industries, Ltd., Haley, Ontario, Canada, a manufacturer of magnesium magnesium (măgnē`zēəm, –zhəm), metallic chemical element; symbol Mg; at. no. 12; at. wt. 24.305; m.p. about 648.8°C;; b.p. about 1,090°C;; sp. gr. 1.738 at 20°C;; valence +2. and aluminum, castings for the aerospace industry. Trimin is a holding company which owns 45.5% Of Tritech. The Carlyle Group, Washington, D.C., is a global investment firm which originates, structures and acts as lead equity investor in management-led buyouts, strategic minority equity investments, equity private placements, consolidations and build-ups, and growth capital financing. |
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