HOUSTON (AP) -- GSE Holding Inc., which sells containment products used in mining, waste management and other industries, plans to take the company public with an initial public offering of stock that looks to raise around $143.8 million.
The Houston-based company did not disclose how many shares it plans to offer or at what price, according to documents filed with the Securities and Exchange Commission on Thursday.
It also didn't specify when the offering will take place.
The company plans to apply for a listing on the New York Stock Exchange market index under the symbol "GSE."
GSE Holding sells products in more than 110 countries, catering to customers in the mining, waste management and energy industries, as well as independent installers, dealers, general contractors and government agencies.
Its principal stockholder is private equity firm CHS Capital LLC, which acquired its ownership interest in the company in 2004.
For the six months ended June 30, GSE Holding posted a loss of $1.9 million, or 64 cents a share, compared with a loss of $16 million, or $5.34 a share, in the comparable period last year.
Revenue in the first half of the year grew to $206.9 million from $153.9 million in the first six months of 2010.