Bayou Steel (AMEX:BYX) says suspends operations
Reuters, Thursday, October 30, 1997 at 14:04
HARRIMAN, Tenn., Oct 30 (Reuters) - Bayou Steel Corp said
Thursday that it suspended operations following an industrial
incident and fire at its rolling mill at about 1715 EST October
28.
The company said there were no injuries.
The company's insurance carrier has been put on notice, and
an investigation is underway to determine the extent of damage,
the company said.
A dollar estimate of the damage was not immediately
available, the comopany said.
Employees contained the fire prior to the arrival of the
fire department, the company said.
About 25 employees who were at the facility late Tuesday
when the incident occurred evacuated safely, the company said.
The shipping department is housed separately and has
remained open to ship orders, the company said.
Copyright 1997, Reuters News Service
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