Ceradyne, Inc.: The Costa Mesa developer of...

Ceradyne, Inc.: The Costa Mesa developer of advanced technical ceramic products said Tuesday it is offering another 1.2 million shares of common stock to the public at a price of $5 per share. After the offering, the company will have approximately 7.5 million shares of common stock outstanding. Proceeds will be used for financing more tooling and equipment to increase manufacturing capacity, for repaying debts and for other general corporate purposes.