Ormet Corp (ORMTQ) 0.0100 $ORMTQ
Steelworkers in 3 states gather Ormet donations
AP - Tue Dec 17, 8:42AM CST
CLARINGTON, Ohio (AP) — Unionized steelworkers in three states are delivering groceries and toys collected for the families of workers laid off from Ormet Corp.'s aluminum smelter along the Ohio River.
Sale of Ormet Corporation to Smelter Acquisition, LLC Approved by Bankruptcy Court; Operations to Continue Without Interruption
Business Wire - Tue Jun 04, 2:01PM CDT
On June 3, the United States Bankruptcy Court for the District of Delaware approved the sale of substantially all of the assets of Ormet Corporation, a leading producer of primary aluminum, and certain of its affiliates to Smelter Acquisition, LLC, a portfolio company owned by private investment funds managed by Wayzata Investment Partners LLC ("Wayzata"
. Ormet Corporation and certain of its affiliates filed for bankruptcy protection in the United States Bankruptcy Court for the District of Delaware in late February to effectuate a financial restructuring of the Company. In connection with its restructuring, the Company received aggregate commitments of $90 million of DIP Financing, consisting of $30 million in Term DIP financing from Wayzata and a $60 million DIP facility from Wells Fargo, which replaced its $60 million pre-petition revolver with Ormet. The DIP financings provided the Company with sufficient liquidi
Steelworkers in 3 states gather Ormet donations
AP - Tue Dec 17, 8:42AM CST
CLARINGTON, Ohio (AP) — Unionized steelworkers in three states are delivering groceries and toys collected for the families of workers laid off from Ormet Corp.'s aluminum smelter along the Ohio River.
Sale of Ormet Corporation to Smelter Acquisition, LLC Approved by Bankruptcy Court; Operations to Continue Without Interruption
Business Wire - Tue Jun 04, 2:01PM CDT
On June 3, the United States Bankruptcy Court for the District of Delaware approved the sale of substantially all of the assets of Ormet Corporation, a leading producer of primary aluminum, and certain of its affiliates to Smelter Acquisition, LLC, a portfolio company owned by private investment funds managed by Wayzata Investment Partners LLC ("Wayzata"
. Ormet Corporation and certain of its affiliates filed for bankruptcy protection in the United States Bankruptcy Court for the District of Delaware in late February to effectuate a financial restructuring of the Company. In connection with its restructuring, the Company received aggregate commitments of $90 million of DIP Financing, consisting of $30 million in Term DIP financing from Wayzata and a $60 million DIP facility from Wells Fargo, which replaced its $60 million pre-petition revolver with Ormet. The DIP financings provided the Company with sufficient liquidi 
