10:04 AM EST - Shermag Inc. : says it will close half of its plants and lay off 320 employees. Closing down are the Dudswell and Cookshire-Eaton plants in Quebec, and the Edmundston and Saint-Francois-de-Madawaska plants in New Brunswick. Shermag Inc.
shares T.SMG are trading up 5 cents at $0.70.
