5/5/2008

Citing its plans for global expansion, Blount International Inc. announced the acquisition of Carlton Holdings Inc. for $63 million. Carlton, a Milwaukie, Ore.-based maker of saw chains has about 400 workers and reported sales of around $57 million last year. Most of its products are distributed overseas. "The acquisition of Carlton is consistent with our intention to invest in and grow our core business," said James Osterman, Blount's chairman and CEO.

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