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$15M Bid on Ormet

Wayzata Offered $221M For Company Last Year

June 13, 2014
By CASEY JUNKINS - Staff Writer , The Intelligencer / Wheeling News-Register

HANNIBAL - Last year, Wayzata Investment Partners offered to purchase the Ormet Corp. aluminum smelter for $221 million, with plans to eventually power the plant with locally produced natural gas.

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