Quanex Signs Agreement to Sell Nichols Aluminum
HOUSTON,
"As the housing markets continue to recover, we see great opportunity for both organic and acquisitive growth in our
Nichols has a long history of producing flat-rolled aluminum sheet products for a number of key industries across
Statements that use the words "estimated," "expect," "could," "should," "believe," "will," "might," or similar words reflecting future expectations or beliefs are forward-looking statements. The forward-looking statements include, but are not limited to, future operating results of Quanex, the financial condition of Quanex, future uses of cash and other expenditures, expenses and tax rates, expectations relating to the company's industry, and the company's future growth. The statements in this release are based on current expectations. Actual results or events may differ materially from this release. Factors that could impact future results may include, without limitation, the effect of both domestic and global economic conditions, the impact of competitive products and pricing, the availability and cost of raw materials, and customer demand. For a more complete discussion of factors that may affect the company's future performance, please refer to the company's Form 10-K filing on
CONTACT: Financial Contact:Marty Ketelaar , 713-877-5402 Media Contact:Valerie Calvert , 713-877-5305 For additional information, please visit www.quanex.com