The U.K.'s GKN is acquiring the Interlake Corp. of Lisle, Ill.

The U.K.'s GKN is acquiring the Interlake Corp. of Lisle, Ill., an aerospace parts and powdered metals producer, for $292 million. Interlake's subsidiary Chemtronics Inc. is a leading U.S. manufacturer of lightweight structural components for engines and other aerospace products.

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