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MagneTek Inc.


Parties: Magne Tek Inc., Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  and Egesult Villemosgepgyar, Budapest Budapest (b`dəpĕst'), city (1990 pop. 2,016,100), capital of Hungary, N central Hungary, on both banks of the Danube. , Hungary Value: NA Nature of contract: The two firms have entered into a joint venture agreement for the manufacture and sale of electric motors. A limited liability corporation which will be known as Magne Tek EVIG Kft. will manufacture integral horsepower horsepower, unit of power in the English system of units. It is equal to 33,000 foot-pounds per minute or 550 foot-pounds per second or approximately 746 watts.  motors ranging from 1 to 50 horsepower in Hungary. Projected revenues for the venture are $16 million in the first year. Duration: NA Note: EVIG is a motor manufacturer with markets in Hungary and other Eastern European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 countries.
COPYRIGHT 1990 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Contracts
Publication:Los Angeles Business Journal
Date:May 21, 1990
Words:89
Previous Article:Litton Industries Inc. (Contracts)
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