OREGON STEEL BUYS KAISER'S NAPA VALLEY PLANT
Kaiser Steel Corp's plant in Napa,
Calif, has been purchased by Oregon Steel Mills for 16 mln
dlrs, the privately owned Portland company said.
    The transaction was approved by the U.S. bankruptcy judge
in Denver who is hearing Kaiser Steel's Chapter 11
reorganization case.
    James Mccaughey, former vice president of sales for Kaiser,
has been named general manager for the plant, which will be
called Napa Pipe Corp, Oregon Steel said.
 Reuter
