Global Stone, a wholly owned subsidiary of Oglebay Norton, has acquired the assets of the J.M. Huber limestone processing facility located near Portage, IN.

Global Stone, 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 Oglebay Norton, has acquired the assets of the J.M. Huber limestone processing facility located near Portage Portage (1, 2 pôr`təj; 3 pôr`tĭj).

1 Town (1990 pop. 29,060), Porter co., NW Ind., a suburb of Gary, on Lake Michigan; inc. 1959. , IN. The purchase price was approximately $12 million. Global Stone intends to expand the facility, which will be known as Global Stone Portage, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control .

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Publication:	Rubber World
Date:	Oct 1, 2000
Words:	48
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