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FloWorks International LLC, a specialty PVF distributor announced the sale of its plate and sheet operations located in Garland, Texas to CL Alloys-Dallas LLC. The transaction closed on June 30. The location had sales of approximately $10 million for fiscal year 2015.
The Garland plate and sheet operations were the remaining assets of the legacy Fabrication and Distribution Services business, which FloWorks divested in 2014. This sale completes FloWorks exit from locations dedicated to the distribution of flat products and metal services.