An Irvine-based manufacturer of concrete roofing tiles, a joint venture of building materials giants LaFarge SA and Boral Ltd., said it plans to put three plants up for sale in hopes of resolving an antitrust complaint filed by the Federal Trade Commission.
MonierLifetile LLC said it has hired the investment banking firm Donaldson, Lufkin & Jenrette to explore the sale of plants in Corona; Fort Lauderdale, Fla., and Casa Grande, Ariz. The FTC contends the venture could lessen competition, reduce quality and lead to higher market prices for concrete roofing tiles.
