FIB and CIC to Form New Company
March 20, 2002
FIB sa-nv (Le Four Industrial Belge), an international company specializing in wire heat treatment and galvanizing technology, plans to form a new joint venture U.S. company with CIC bv in Holland and CIC Pittsburgh LLC. The new company, American Process Solutions LLC (APS) will be equally owned by the participants and will be based in Pittsburgh, Pa. APS will market the full range of FIB's products including patented and annealing furnaces, oil tempering, spherodizing and stress relieving furnaces, galvanizing and inline process systems incorporating gas gravel or nitrogen jet wiping. Process assistance, after-sales service and spare parts will be available directly from APS in Pittsburgh.