Empire Industries divests KWH, Somerset business units
WINNIPEG, March 1, 2012 –Empire Industries Ltd. (TSX-V: EIL) today announced it has divested its KWH Constructors and Somerset Engineering business units for $1.4 million dollars. Consideration for the transaction was effected through an exchange of Empire promissory notes which were originally issued to the purchasers as part of the original acquisition of KWH/Somerset by …