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ZEMEX CORPORATION SHAREHOLDERS APPROVE ACQUISITION OF SUZORITE MICA PRODUCTS

 ASHEVILLE, N.C., Sept. 14 /PRNewswire/ -- Zemex Corporation (NYSE: ZMX) announced today that its shareholders approved the acquisition of Suzorite Mica Products, Inc. Zemex completed the acquisition of Suzorite shortly after the shareholders approved the transaction at its 1993 annual meeting.
 Richard L. Lister, president and chief executive officer of Zemex, stated at the annual meeting that the acquisition of Suzorite, together with the previously announced capital expansion of our feldspar facility at Spruce Pine, N.C., should poise Zemex for significant growth and improved earnings in the coming years.
 Zemex Corporation is a diversified industrial minerals and materials company. Its principal businesses are iron, steel and copper powders to serve the ferrous and non-ferrous powder metal markets and industrial minerals which supply the ceramic, plastic and coatings markets.
 -0- 9/14/93
 /CONTACT: R.L. Lister, President and Chief Executive Officer, 416-365-5667 or 704-255-4900; or R.W. Morris, Vice President, Secretary and Treasurer, 704-255-4900, both of Zemex/
 (ZMX)


CO: Zemex Corporation; Suzorite Mica Products, Inc. ST: North Carolina IN: MNG SU: TNM

MM -- CH009 -- 1910 09/14/93 16:17 EDT
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Publication:PR Newswire
Date:Sep 14, 1993
Words:182
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