Olin Corp., Norwalk, Conn., will contribute $125 million in proceeds from a common stock offering to its $1 billion pension plan, according to a news release. Richard Koch, Olin's vice president of investor relations and public affairs, said the contribution will lower the company's expected pension expense for the year to roughly $15 million, from the $25 million originally estimated. Pension contributions are expected to be minimal through 2008, according to the news release.
Olin Corp. , Norwalk, Conn., will contribute $125 million in proceeds...
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