FAIRLAWN, OHIO - Republic Technologies International, a steel company in bankruptcy, said Thursday that it has sold a plant in Georgia to AmeriSteel Corporation for seven million dollars. <br>
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A federal bankruptcy judge approved the steel bar maker's sale of a plant in Cartersville, Georgia, to Tampa, Florida-based AmeriSteel. The plant has 23 employees. <br>
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Republic has about four-thousand employees and had 2001 sales of about one billion dollars. <br>
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The rest of Republic remains up for sale. It is considering a bid of two investment partnerships offering a deal worth $450 million for about 60 percent of its assets.
