Wednesday, November 9, 2011
Chemtool bought by Lubrizol
By CHRIS FREEMAN
Chemtool announced Wednesday that it would be bought by Lubrizol, a division of Warren Buffett's Berkshire Hathaway. The sale price was not announced, but Athans said there would be no changes to the Crystal Lake operations.
"There are no plans to close any facilities, we're not going to have any layoffs," he said. "In fact, we're going to have a job fair next week and we'll be adding more people."…
Chemtool announced Wednesday that it would be bought by Lubrizol, a division of Warren Buffett's Berkshire Hathaway. The sale price was not announced, but Athans said there would be no changes to the Crystal Lake operations.
"There are no plans to close any facilities, we're not going to have any layoffs," he said. "In fact, we're going to have a job fair next week and we'll be adding more people."
Lubrizol is based in suburban Cleveland and is a division of Warren Buffett's Berkshire Hathaway. Berkshire bought Lubrizol in September.
Click on the following for more details: http://www.nwherald.com/2011/11/09/chemtool-bought-by-lubrizol/adpzmip/
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