Oldcastle Building Products Acquires MMI Products.HOUSTON -- MMI (Man Machine Interface) See HMI. 1. MMI - Man-Machine Interface. 2. (company) MMI - The company which developed the first Programmable Array Logic devices. MMI was bought by AMD. Products, Inc. ("MMI", the "Company") today announced that stockholders of its parent company, Merchants Metals Holding Company, have agreed to sell their interests to Oldcastle Building Products, Inc., the North American operation North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. of CRH plc ("CRH CRH corticotropin-releasing hormone. CRH abbr. corticotropin-releasing hormone CRH corticotropin releasing hormone. "). CRH is a leading worldwide producer and distributor of building products and construction materials, with 2005 sales of over $17 billion. MMI will become the foundation of a fifth product group for CRH's Americas Products & Distribution Division. Concurrently with the closing of the transaction, MMI's revolving credit Revolving Credit A line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes, fluctuating each month depending on the customers current cash flow needs. facility will be repaid and its senior subordinated notes will be called for redemption. The closing of the transaction is expected to occur by the end of the week. Commenting on the transaction, John Piecuch, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of MMI, said, "This transaction not only accomplishes the financial restructuring that has been a key objective of the Company, but also provides a wonderful opportunity for the future growth of the various MMI businesses and for the personal development of its employees. The Company's improved financial position should enable MMI to continue to expand its product and geographic profile and to provide an even better value proposition for its various customer constituents." MMI is a leading manufacturer and distributor of products used in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. public infrastructure, nonresidential and residential construction industries with established leading market positions in each of two reporting segments, Concrete Construction Products and Fence. The Concrete Construction Products segment consists of various classes of welded wire reinforcement, that serve as a structural grid for concrete construction used in building, road, bridge, and sewage and drainage projects, and PC strand, which is used in pre-tensioned and post-tensioned concrete construction. In addition, the Concrete Construction Products segment produces over 2,000 types of hardware accessories used in concrete construction activity, including precast pre·cast adj. Relating to or being a structural member, especially of concrete, that has been cast into form before being transported to its site of installation. , tilt-up and masonry applications; products used to position and install steel reinforcing bar; and welded steel reinforcing products. Products in the Fence segment include all types of galvanized gal·va·nize tr.v. gal·va·nized, gal·va·niz·ing, gal·va·niz·es 1. To stimulate or shock with an electric current. 2. and vinyl-coated chain-link fence fabric, ornamental fencing, fittings, and other related products which are manufactured and distributed by the Company, as well as wood, vinyl and aluminum fence, pipe, tubing, access control equipment and other products that are primarily manufactured by third parties and distributed by the Company. |
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