Advertisement

VALLEY AND VENTURA COUNTY | REGIONAL ROUNDUP

Calnetics Shareholders Approve Sale to Summa

November 04, 1997

Shareholders at Calnetics Corp. have overwhelmingly approved the sale of the company for $7.35 a share to Summa Industries based in Torrance.

Calnetics, which was headquartered in Chatsworth, is a maker of various plastic fittings and components used in the building materials and agricultural industries.

Calnetics said that 99% of the shares voted were in favor of the deal.

Advertisement
Los Angeles Times Articles
|
|
|