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chuck
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chuck

would have thought canadian dollar would help them ???

down43rd
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down43rd

HSB 2007 was bought in 2007 for $12 million by Bain Capital and Woodside Capital. Early on somehow they were able to lend it $110 million and charge interest as high as 10%. . Still almost no improvements to the operation were made in the 10 years they owned it. The killer philosophy of buying the worst and cheapest scrap caused constant production delays in both the melt shop and mill. Scrap dealers were able to get rid of poor quality scrap and often a load included a ton or two of dirt or maybe a large block of concrete.… Read more »