Friday, January 20, 2006

Oglebay Norton to sell barges

Our neighbor is doing some selling. Oglebay Norton Co., based right here in downtown Cleveland, just up the street from Pit & Quarry's offices, announced that its wholly owned subsidiary, Oglebay Norton Marine Services Company LLC., has executed 30-day exclusivity agreements with two undisclosed parties related to acquisition of its fleet of self-unloading Great Lakes freight vessels. The company is doing a stand-up job getting its financial house in order. Congrats to Mike Lundin. Your comment?