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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

Minn. Investors Raise Stake in Metalclad

October 03, 2000

Minnesota investor Wayne W. Mills, his wife, Tamara P. Mills, and his company increased their stake in Metalclad Corp. to 23.3%, according to a federal document filed Monday on the Newport Beach waste treatment operator.

The couple and Blake Capital Partners LLC, all of Edina, have bought 700,000 shares of Metalclad since mid-August at prices ranging from $2.43 to $4.53 a share, according to the document filed with the Securities and Exchange Commission.

Mills and his Blake Capital previously held a total of 500,000 shares, or 9.7%, of the company's stock. The group now controls a total of 1.2 million shares and constitute the largest investor in Metalclad.

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