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  September 5, 2001
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Home > Company Index > Chemicals > Specialty Chemicals > Mining Services International Corporation

Mining Services International Corporation
Nasdaq (SC): MSIX
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 PROFILE
Mining Services International (MSI) is defusing its dynamite business. The company makes explosives used at construction sites and surface mines worldwide, and it sells explosive accessories such as detonating cord. MSI makes liquid sodium cyanide (used to extract gold) through Cyanco, a joint venture between subsidiary Nevada Chemicals and Germany-based Degussa-Huls. Rather than fund the needed expansion of its explosives operations, MSI has agreed to sell that business to European explosives powerhouse Union Espanola de Explosivos S.A.. When the sale is complete, MSI will change its name to Nevada Chemicals, Inc., and refocus on niche chemical products and services. Investor Brian Bagley owns about 27% of MSI.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 35.90
1-Yr. Sales Growth: 34.0%
Employees: 278
Revenue per employee: $129,136.69

 KEY PEOPLE
• John T. Day
    CEO
• Wade L. Newman
    CFO

 CONTACT INFO
8805 S. Sandy Pkwy.
Sandy, UT 84070
US
Phone: 801-233-6000
Fax: 801-233-6004
Online: Web Site

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