Cargill sells U.S. metals business to Japan's Metal One
A deal was signed on Friday and the two parties expect to close the sale later this year, Cargill said on Sunday. It did not give a sale price.
The sale includes steel and iron ore activities based in Minneapolis and Houston, as well as eight processing facilities in seven U.S. cities: Windsor, Colorado; Panama City, Florida; two facilities in Granite City, Illinois; East Chicago, Indiana; Tulsa, Oklahoma; Loudon, Tennessee; and Houston, Texas. ■