Bell Industries Sells Manufacturing Operation.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--Aug. 18, 1999-- Bell Industries Inc. (NYSE NYSE See: New York Stock Exchange :BI) today announced it has sold its Precision Metalcraft division, based in Mountain View, Calif., to privately held Mass Precision Sheetmetal Inc. of San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. Terms of the transaction were not disclosed. Precision Metalcraft manufactures specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. products for the electronics industry and had sales of approximately $9 million in 1998. Bell said the sale was in keeping with its previously announced plans to reposition the company and focus on its primary businesses. Following the sale of Bell's largest business unit, its electronics distribution group, last January, the company's primary business is its systems integration group, a multi-regional provider of integrated computer technology solutions for large and medium-sized organizations. Bell also distributes after-market accessories to the recreational vehicle market. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion