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Minerals Technologies announced that its wholly owned subsidiary. (Acquisitions, Expansions).


Minerals Technologies announced that its 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.
, Barretts Minerals, has acquired the business and assets of Polar Minerals, a privately owned producer of industrial minerals in the midwest Midwest or Middle West, region of the United States centered on the western Great Lakes and the upper-middle Mississippi valley. It is a somewhat imprecise term that has been applied to the northern section of the land between the Appalachians . Polar Minerals operations will be incorporated into the company's Specialty A contract under seal.

A specialty is a written document that has been sealed and delivered and is given as security for the payment of a specifically indicated debt.
 Minerals segment. The purchase price was $22.5 million.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Barretts Minerals acquires Polar Minerals
Publication:Rubber World
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2002
Words:48
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