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Non-Tech : Olin - My favorite Company

OLN 20.81

-6.8%

Jan 30 9:30 AM EST

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From: Fuzzy	3/20/2006 6:51:12 AM
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Olin sees $15 million in plant closure expenses Mon Mar 20, 2006 6:31 AM ET NEW YORK, March 20 (Reuters) - Olin Corp. (OLN.N: Quote, Profile, Research), a chemical and metal products company, on Monday said it expected expenses of $15 million from the previously announced closure of its Waterbury, Connecticut, facility. The company said it expected to complete the restructuring activities by the end of the second quarter and to take a restructuring charge of $17 million to $19 million this year, mostly in the first quarter.

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