Effort on to buy Oglebay's vessels; Bid could keep marine unit here.(Oglebay Norton Marine Services Co.)

From: Crain's Cleveland Business | Date: March 8, 2004| Author: | Copyright information

Byline: JEFF STACKLIN

A former Oglebay Norton Co. CEO is assembling a group of investors to bid on Oglebay's Marine Services subsidiary in an effort to keep the company's most familiar assets - its ore boats - a part of Cleveland.

Tom Green, who was president and CEO of Oglebay Norton from 1992 to 1997 and chairman from 1992 to 1998, said he was to meet last Friday, March 5, with company executives, including current Oglebay Norton president and CEO Michael Lundin, to discuss the possibility of acquiring the Marine Services subsidiary. The unit includes a fleet of 12 ...

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