Business Services Industry

Allegheny Teledyne Completes Sale of Drinkware Unit

Business Wire, July 16, 1999

PITTSBURGH--(BUSINESS WIRE)--July 16, 1999--

Allegheny Teledyne Incorporated (NYSE:ALT) announced today that it has completed the sale of the Drinkware business unit of Water Pik to Image Holding, Inc. Terms of the transaction were not announced.

The Drinkware business unit, located in Houston, TX, manufactures and distributes custom-decorated, injection-molded plastic drinkware.

Allegheny Teledyne Incorporated (NYSE:ALT) is a diversified manufacturing company serving global markets with specialty metals, aerospace, electronic, industrial and consumer products. The company is one of the largest and most diversified specialty metals producers in the world. Allegheny Teledyne's goal is to be the low cost, high quality supplier to global markets. Allegheny Teledyne's website can be found at http://www.alleghenyteledyne.com.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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