Fibermux Corp. Plans to Go Public

Fibermux Corp., a Chatsworth maker of products that enable various computer and communications systems to be linked, plans to go public by selling 1.88 million common shares.

Existing Fibermux stockholders, including President Steve Y. Kim, also plan to sell an additional 1.25 million of their shares. The offering is being underwritten by Alex. Brown & Sons and Smith Barney, Harris Upham & Co.

Fibermux, founded in 1984, earned $4.9 million on sales of $23.8 million in its fiscal year that ended June 30. It employs about 170 people. Its systems are used by American Express Co., Chrysler Corp. and Texaco, among others.

The company plans to use its proceeds from the offering for general corporate purposes.