Magnetic sale.Bell Industries Inc. has sold substantially all of the assets, excluding real estate, of its J.W. Miller division to Bourns Inc. for around $8.5 million in cash, the El Segundo-based company said last week. J.W. Miller, which is based in Gardena, manufactures and distributes a variety of standard and custom magnetic components used in electronic applications for computer, medical and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. equipment. The unit had sales of approximately $8.4 million in 2005. "J.W. Miller is our smallest business unit. and the sale to Bourns is in keeping with our strategy of focusing on core business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and aligning a·lign v. a·ligned, a·lign·ing, a·ligns v.tr. 1. To arrange in a line or so as to be parallel: align the tops of a row of pictures; aligned the car with the curb. our resources to become leaders in the key markets we serve," said Bell Chief Executive John Fellows. Bourns, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Riverside. manufactures electronic components for a broad range of markets. |
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