Precision Castparts to Sell Branches
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Precision Castparts Corp. , which makes jet engine components, on Friday said it will sell its pump and valve businesses because they are not core businesses.
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Leggett &amp; Platt Inc. said Monday that it will supply lawnmower-engine maker Briggs &amp; Stratton Corp. with aluminum die castings for an assembly plant in Auburn, Ala.
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A new initiative seeks to improve old products.
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Sanmina-SCI sells business to Foxconn and Lenovo Sanmina-SCI, the US electronics contract manufacturing company, has sold its PC business to Foxconn, a major Taiwanese competitor, for between $80m-$90m. It is also selling its Mexican PC plant to Lenovo, for an undisclosed sum.â¦
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A Salt Lake custom woodworking company will pay $18,000 and furnish other relief to resolve a national origin discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the agency announced.  The EEOC charged in its lawsuit that Granite Mill & Fixture Co.
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Jabil Circuit Inc., a maker of cellphones for Nokia, agreed to buy Green Point Enterprises in Taiwan for about $881 million. Jabil will gain a maker of plastic casings for mobile phones and battery packs with 30,000 employees and nine factories in Asia. The purchase of Green Point will allow Jabil, based in St. Petersburg, Fla., to reduce expenses by moving operations to countries with lower labor costs.
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By Rob Joesbury, The News-Sentinel, Fort Wayne, Ind.  Sep. 15--Science Central is putting part of itself up for sale on eBay.
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If you have a strong hunch on a niche, here's a handy investment.
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Bloomington (Star report) --Boston Scientific Corp. has obtained exclusive rights to sell the most popular coating on heart stents, taking over the share previously held by Cook Inc.
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The American Standard Companies said it would sell its well-known plumbing fixture business and spin off a unit that makes automotive braking systems.
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Plans to strip car makers of their exclusive right to sell spare parts such as bumpers, bonnets and headlights were outlined yesterday, as part of a drive to open up a â¬10bn market across Europe.
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These solid stocks pay you to hold them.
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By Jeff Bertolucci Kiplinger's Personal Finance  Tying up your telecom services in a single package is the lure many local telephone and cable companies are casting in selected areas around the United States.
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A Canadian steel maker, Ipsco, said it was buying the NS Group, a maker of steel pipes and tubes used in oil fields, for about $1.46 billion. The deal will be used to broaden IpscoÂs sales to the energy industry, the chief executive, David Sutherland, said. ÂThis is a transaction thatÂs all about growth, and if anything, what we will see over the next three years is a growth in the output of all of their facilities, as well as the continuing demand on our own,Â Mr. Sutherland said in a conference call. Ipsco agreed to pay $66 a share for the NS Group, which was a 43 percent premium to its closing price on Friday. After the transaction is complete, the new company is expected to have combined annual revenue of more than $4 billion. Ipsco, which is based in Regina, Saskatchewan, and has executive offices in Leslie, Ill., operates three steel mills and six pipe mills in the United States and Canada. The NS Group is based in Newport, Ky.
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The wood furniture maker uses a niche strategy to work around industry problems.
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Quite a few production houses are venturing into this new industry.
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Alcan Inc. has agreed to sell its ferroalloy division to a Spanish company for more than â¬100-million ($164.1-million). Montreal-based Alcan said yesterday it had agreed on terms