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SONGER TO SELL CERTAIN ASSETS OF ITS CONSTRUCTION GROUP TO AN AFFILIATE OF DAVY MCKEE

 SONGER TO SELL CERTAIN ASSETS OF ITS CONSTRUCTION GROUP
 TO AN AFFILIATE OF DAVY MCKEE
 PITTSBURGH, July 15 /PRNewswire/ -- Davy, a member of the Engineering Division of Trafalgar House, and Songer today said they are pleased to announced the formation of a new company called Davy Songer Incorporated.
 The new company, a Davy affiliate, has agreed to purchase certain assets from the Songer Corporation.
 Songer, a family-owned company dedicated to the U.S. steel industry, began in 1975. Songer developed an excellent reputation as a general contractor in the primary steel business by hiring skilled craftsmen and continuing an excellent rapport with the trade unions. Headquartered in Washington, Pa., just outside of Pittsburgh, the company has principal offices in Detroit and Munster, Ind.
 Davy, headquartered in Pittsburgh, is an engineering division of Trafalgar House, located in London. Davy designs, manufactures and supplies plant and equipment to the world's metals industries, its technologies range from the handling of raw materials to metals processing and forming.
 The new company, Davy Songer Inc., will supply full construction services for the steel industry's primary end of business especially in coke making and iron making. The formation of Davy Songer Inc., a wholly owned subsidiary of Trafalgar House, will strengthen the construction capability to the U.S. metals industries.
 In conjunction with the sale, Songer's pending contracts will be assigned to the Davy affiliate, which will carry on Songer's former business of providing construction, maintenance and renovation services to the metals industry. Songer is seeking to reorganize under Chapter 11 of the Bankruptcy Code, and the sale of the assets is subject to Bankruptcy Court approval.
 -0- 7/15/92
 /CONTACT: James E. Bolas, vp of Davy Songer, 412-566-3197, or Shelli Cosmides of Davy McKee Corporation, 412-566-3330/ CO: Davy Songer Incorporated; Trafalgar House; Davy McKee Corporation ST: Pennsylvania IN: MNG SU:


CD-PT -- PG004 -- 9424 07/15/92 09:45 EDT
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Publication:PR Newswire
Date:Jul 15, 1992
Words:315
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