For Your Information: December 17, 1999The Federal Trade
Commission today announced the following actions:
- Applications for approval of transactions:
- The FTC has received an application for approval of a transaction from the following: Precision
Castparts Corp. The FTC is seeking public comments on the application for 30
days, until January 18, 2000.
-
- Precision Castparts Corp. proposes the divestiture through its subsidiary (and
co-respondent) Wyman-Gordon Company, of its Albany facility to McLad Corporation, a wholly
owned subsidiary of Ladish Co., Inc. The Albany facility comprises assets located at 150
Queen Street, SW, Albany, Oregon 97321, including those used in the development,
manufacture and sale of aerospace investment cast components. The respondent has also
requested that the public comment period regarding this transaction either be shortened
from 30 days to 10 days or eliminated. If the Commission determines to shorten or
eliminate the comment period as requested by Precision Castparts Corp., the comment period
will end earlier than the date listed above.
-
- Comments should be addressed to the FTC, Office of the Secretary, 600 Pennsylvania
Avenue, N.W., Washington, D.C. 20580. (FTC File No. 991-0240; staff contact is Daniel P.
Ducore, 202-326-2526; see press release dated November
10, 1999.)
- Consent agreements given final approval:
- Following a public comment period, the Commission has made final a consent agreement
with the following entity: Castrol North America, Inc. The Commission
action makes the consent order binding on the respondent.
-
- The Commission vote to finalize the consent agreement was 4-0, with Commissioner Thomas
B. Leary not participating. (FTC File No. 972-3209; staff contact is Michael Dershowitz,
202-326-3158; see press release dated September
15, 1999.)
-
- Following a public comment period, the Commission has made final a consent agreement
with the following entity: Physicians Formula Cosmetics, Inc. The
Commission action makes the consent order binding on the respondent.
-
- The Commission vote to finalize the consent agreement was 4-0, with Commissioner Thomas
B. Leary not participating. (FTC File No. 992-3158; staff contact is Kent Howerton,
202-326-3013; see press release dated September
13, 1999.)
Copies of the
documents mentioned in this FYI are available from the FTC's web site at http://www.ftc.gov and also from the FTC's Consumer Response
Center, Room 130, 600 Pennsylvania Ave., N.W., Washington, D.C. 20580; 877-FTC Help
(877-382-4357); TDD for the hearing impaired 1-866-653-4261. To find out the latest news as
it is announced, call the FTC NewsPhone recording at 202-326-2710.
- MEDIA CONTACT:
- Office of Public Affairs
- 202-326-2180
(FYI 44.MJK) |