Georgian American Alloys Acquires CC Metals and Alloys
October 11, 2012
Georgian American Alloys Inc. (GAA) acquired the membership interests of CC Metals & Alloys (CCMA), a leading producer and supplier of high-grade ferrosilicon alloys for use in the steel, foundry and welding-rod industries, from affiliated Optima Group LLC in exchange for shares of GAA. CCMA now joins Felman Production LLC and Felman Trading Inc. as subsidiaries of GAA. Felman Trading, which sells ferroalloys to steelmakers and foundries in North and South America, will continue to be the primary distributor of ferrosilicon produced by CCMA.