KMT Divests Part of KMT Herber's Operations |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
KMT Water Jet Systems, Inc.
635 W. 12th St.
Baxter Springs, KS, 66713
USA
Press release date: February 26, 2007
KMT has made an agreement in principle with three employees at KMT Herber regarding the divestment of part of KMT Herber's operations. The sale is the result of an earlier decision to discontinue KMT Herber's operations.
The new owners will assume full responsibility for machines supplied earlier, in addition to other client undertakings. Moreover, the customary conditions for a transfer of operations apply.
The divestment requires the approval of the Annual General Meeting which will be held on March 29, 2007. Please see the special notice to attend.
For more information, please contact:
Lars Bergstrom,
President and CEO,
Karolin Machine Tool AB,
Telephone: +46 8 594 211 50,
e-mail: lars.bergstrom@kmtgroup.com
|
|
|
|
|
|
| 
