AVX Corporation Files a Complaint Against Cabot Corporation Related to Tantalum Supply Agreement.Business Editors/High Tech Writers MYRTLE BEACH, S.C.--(BUSINESS WIRE)--Aug. 5, 2002 AVX AVX Adult Video XXX AVX Avid Visual Extensions AVX anti Virus Expert Corporation (NYSE NYSE See: New York Stock Exchange : AVX) announced today that it has filed a complaint against Cabot Corporation (Cabot) in the U.S. District Court of the Commonwealth of Massachusetts with respect to its existing supply agreement with Cabot for tantalum tantalum (tăn`tələm) [from Tantalus], metallic chemical element; symbol Ta; at. no. 73; at. wt. 180.9479; m.p. 2,996°C;; b.p. 5,400±100°C;; sp. gr. 16.65 at 20°C;; valence +2, +3, +4, or +5. powder, ore and wire. AVX uses tantalum materials in the manufacture of tantalum capacitors. The complaint filed by AVX claims unfair and deceptive trade practices by Cabot, breach of contract, and other related matters. AVX, headquartered in Myrtle Beach, South Carolina Myrtle Beach is a city and in Horry County, South Carolina, United States. It is part of the Grand Strand, a stretch of beaches along the South Carolina coastline, and the combined Myrtle Beach-Conway-North Myrtle Beach MSA. , is a leading worldwide manufacturer and supplier of a broad line of passive electronic components and related products. Please visit our website at www.avxcorp.com. |
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