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Rexnord Unit to Buy Canadian Firm

Rexnord LLC said Friday that its Zurn Industries unit has agreed to buy Fontaine-Alliance Inc., a Canadian manufacturer of products for municipal water and wastewater customers, in a deal valued at about $24 million.

Fontaine, based in Magog, Quebec, manufactures sluice gates and other engineered flow control products for the municipal water and wastewater markets.

Source: Milwaukee Business Journal

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