Kinder Morgan Buys Marine Terminals

Kinder Morgan Energy Partners has bought the assets of Marine Terminals Inc. for approximately $100 million. Marine Terminals primarily handles and stores steel and alloys. It has two facilities in Blytheville, Ark., and individual terminals in Decatur, Ala., Hertford, N.C., and Berkley, S.C. The five facilities handled approximately 13.4 million tons of steel products in 2006. Kinder Morgan is owned by Goldman Sachs Capital Partners, the Carlyle Group, AIG and Riverstone Holdings. www.kindermorgan.com