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Eastern Company EML

Industrials
The Eastern Company manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. The Company has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers needs in the commercial transportation and logistics markets. It designs, manufactures, and markets a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras. It offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products. Its subsidiary, Velvac Holdings Inc. is a designer and manufacturer of proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications, and a provider of aftermarket components to the heavy-duty truck market in North America.


NDAQ:EML - Post by User

Eastern Company > iron ore?
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Comment by lostboy1on Jan 17, 2008 1:11pm
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Post# 14219046

RE: iron ore?

RE: iron ore?Yes and we have Anglo as the new neighbour.  Goodluck.

https://www.ecometalslimited.com/projects/ampa.html

LONDON (Thomson Financial) - Anglo American PLC said it is in exclusive talks with MMX Mineracao e Metalicos SA (MMX) to take control of the Minas-Rio and Amapa iron ore projects in Brazil for about 5.5 bln usd.

The company intends to acquire MMX's controlling shareholder Eike Batista's 63.6 pct holding in a new company which will be de-merged from MMX.

The new company will own MMX's current 51 pct stake in the Minas-Rio iron ore project and its 70 pct interest in Amapa. 

https://www.afxpress.com/about488/index.php?lg=en&c=00.00&story=2269548
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