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DENVER/PERTH,
Australia - Resource Capital Funds (RCF) IV LP, a private equity fund, has
purchased NYCO, its subsidiaries and affiliated companies. Headquartered in
Willsboro, NY, NYCO is an original producer of wollastonite.
Under the new ownership, Jay Moroney returns to NYCO as President and CEO, a position he held between 1990 and 1998. The NYCO companies will continue to operate as they did prior to the acquisition, with no interruptions in production or service.
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