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    FGH to sell AmClyde Division

    News // March 1, 2002
    Friede Goldman Halter(FGH) has agreed to sell all of the assets and activities of AmClyde Engineered Products (AmClyde) to Hydralift in Norway for approximately $36 million. AmClyde, located in St Paul Minnesota, is one of four business units presently operated by FGH.

    The acquisition is subject to approval by the United States Bankruptcy Court.

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