Samuel ManuTech Inc. will pay USD 28.5 million for Dofasco’s stainless tube making facility in Elizabethtown, Kentucky, USA. Samuel ManuTech said that it expects this acquisition to be accretive to earnings in its first full year of operations. Sale of Elizabethtown for the January to June 2007 period is USD 16 million. Samuel Manu Tech produces a wide range of steel, plastic and related industrial products and services from locations in Canada, the USA and Mexico.
