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The Dash for Gas
The gas market is exciting, but only for those with a steady nerve and long-term commitment. Over 20 new LNG import projects have been mooted for the U.S. alone. We are witnessing an unprecedented expansion of shipping capacity to meet this and worldwide expansion of demand.
Walter Kidde To Sell U.S. Lines To WUI, Inc.
Walter Kidde & Company, Inc. and WUI, Inc. have announced that an agreement in principle has been reached for the sale of U.S. Lines, Inc. to WUI. Under the terms of the proposed sale, Kidde is to receive $70 million in cash and a $27-million subordinate note of U.