Slater Industries Inc said it planned a15 mln dlr modernization of its Slater Steels Corp Fort Wayne
specialty bar division in Indiana.
    It said the modernization would involve replacement of the
existing bar mill with a high-speed, quick-change continuous
mill. The new facility will lower labor and mill costs and
enhance product quality and range, Slater said.
    Completion date of the new mill was undisclosed.
 Reuter
