National Automation to conduct $60 million public offering, debt sale

Public sale to be conducted on a firm commitment basis, company says

By Devika Patel

Knoxville, Tenn., Sept. 9 - National Automation Services, Inc. said it plans a $30 million public offering and a $30 million debt financing. The company has already retained an investment banking firm as the agent for the deals.

The public offering will be conducted on a firm commitment basis.

Henderson, Nev.-based National Automation is a holding company for specialized automation control companies located in the southwestern United States.

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