HIBBING, Minn.–(BUSINESS WIRE)–Iracore International, Inc., a leading supplier of elastomeric lined pipe and wear materials utilized in oil sands and mining applications, announced today the completion of a consensual restructuring transaction with the unanimous support of its shareholders and noteholders. As part of the restructuring, the noteholders have acquired substantially all of the equity in Iracore, significantly reduced the company’s outstanding indebtedness, and provided the compan