BUSINESS
May 2, 1996 | Times Staff and Wire Reports
Crompton & Knowles to Buy Uniroyal Chemical: The $1.4-billion acquisition seeks to protect the Stamford, Conn.-based dye maker from swings in the fashion industry. Uniroyal Chemical Corp.'s specialty chemicals--including agricultural chemicals, plastics additives and synthetic rubber--sell to a broader customer base. The acquisition will reunite Crompton & Knowles Corp. Chairman and Chief Executive Vincent Calarco with a business he knows: He was president of Middlebury, Conn.