October 18, 1998
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.
March 3, 1999 |
Irvine-based MonierLifetile LLC said Tuesday that it will sell three of its concrete roof tile manufacturing plants, including one in Southern California, as part of an agreement with the Federal Trade Commission to resolve an ongoing antitrust investigation. The probe was launched last year after MonierLifetile was formed as a joint venture of building materials giants LaFarge SA of Paris and Boral Ltd. of Sydney, Australia. MonierLifetile said that Oldcastle Inc.
June 2, 1999 |
Irvine-based roofing tile maker MonierLifetile LLC has resolved a federal investigation of antitrust issues by selling three concrete roof tile plants--including one in Corona--to Oldcastle Inc. of Atlanta. Oldcastle has said it intends to keep all three factories operating. The Corona plant employs about 45 workers. The sale was announced earlier this year, but the deal was approved in late May by the Federal Trade Commission.
September 26, 1994 |
Australia is recovering from its worst recession since World War II and though it's not out of the woods yet, the pickup in economic activity has meant good news for several Australian companies. In a survey for The Times of public companies in the Asia-Pacific, several Australia-based companies ranked high among companies with the fastest average growth in profits and revenue. Australia production has quickened, unemployment lines have contracted and inflation and interest rates are still low.
November 16, 1986 |
When actor Paul Hogan began appearing in television commercials two years ago touting Australia to Americans, he was just an unknown Australian with a funny accent and a catchy line, "We'll put another shrimp on the barbie." Today, he's a top box-office hit in the United States, and Australia seems to be capturing the imagination of Americans. The Aussies are cashing in on it. They are hitting U.S.