Printer Friendly

LSB INDUSTRIES, INC. REPORTS RECEIPT OF SECOND $6.1 MILLION BALANCE OF DOWN PAYMENT ON $56 MILLION SALE TO CZECHOSLOVAKIA

 OKLAHOMA CITY, Nov. 19 ~PRNewswire~ -- LSB Industries, Inc. (AMEX: LSB) previously announced that its automotive products subsidiary signed a definitive agreement to supply a customer in Czechoslovakia with equipment and technology to manufacture automotive products.
 As previously announced, the agreement provides for down payments totaling $12.3 million payment in two installments. On Oct. 14, 1992 the company's subsidiary received the initial installment of $6.155 million and on Nov. 3, 1992 received the second installment of $6.155 million.
 LSB is a diversified company engaged in financial services and a variety of manufacturing, engineering, and marketing activities on a worldwide basis. LSB's principal industrial business activities consist of the manufacture and sale of chemical products, commercial air conditioning products, and automotive and industrial products. LSB's common stock, debentures, and Series 1 Preferred Stock are listed for trading on the American Stock Exchange.
 -0- 11~19~92
 ~CONTACT: Tony M. Shelby, chief financial officer of LSB Industries, Inc., 405-235-4546~
 (LSB)


CO: LSB Industries, Inc. ST: Oklahoma IN: CHM SU:

AH -- NY075 -- 2925 11~19~92 12:59 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 19, 1992
Words:178
Previous Article:TRACOR STOCK LISTED ON NASDAQ SMALL-CAP MARKET
Next Article:NESTLE CHOCOLATE & CONFECTIONS PARTNERS WITH UNITED WAY OF AMERICA TO SUPPORT AND EMPOWER YOUTH
Topics:


Related Articles
LSB INDUSTRIES ANNOUNCES $56 MILLION SALE TO FOREIGN CUSTOMER
LSB INDUSTRIES, INC. ANNOUNCES AGREEMENT WITH RTC
LSB INDUSTRIES, INC. ANNOUNCES CONTRACT EFFECTIVE ON $56 MILLION SALE TO FOREIGN CUSTOMER AND RECEIPT OF THE INITIAL $6.1 MILLION DOWN PAYMENT
LSB INDUSTRIES, INC. ANNOUNCES A MAJOR NEW FIVE YEAR CONTRACT
LSB Industries, Inc. Intends to Spin-Off Automotive Product Business; Shareholders Would Receive Stock in the Automotive Business as a Dividend
LSB Industries, Inc. Announces That Its Wholly-Owned Subsidiary ClimaChem, Inc. Exercises Grace Period for Interest Payment on Notes; Initiates...
LSB Industries, Inc. Reports Results for the Three and Six Months Ended June 30, 2005.
LSB Industries, Inc. Announces Receipt of Down Payment on Large Air Handler Order.
LSB Industries, Inc. Announces Additional $4.9 Million in Equipment Orders of Large Air Handlers.
LSB Industries, Inc. Reports Net Income of $6.6 Million or $.34 Per Share Fully Diluted for the Three and Six Months Ended June 30, 2006.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters