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Volume 84 Issue 24 | p. 19 | Concentrates
Issue Date: June 12, 2006

Ferro shores up finances

Department: Business

Ferro Corp., which is recovering from the effects of an accounting problem in one of its businesses, has named new accountants and completed a new credit agreement. Ferro says it has engaged Deloitte & Touche as its new public accountant, replacing KPMG, which it dismissed in May. The Cleveland-based firm also says it has finalized a new $250 million line of credit and $450 million in term loans. Ferro recently said it is in . . .

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