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Rolls-Royce Sells Vickers Components' Trucast.


To focus on its core business, Rolls-Royce, plc, London, has sold the bulk of its Vickers Turbine Components business to Royal Bank Private Equity, Ltd., (RBPE), London.

Under the, agreement, RBPE will take over a number of U.K. and U.S. firms, employing 1220 people.

The businesses specialize in precision-engineered products for the automotive, aerospace and industrial gas turbine markets. Rolls-Royce acquired the businesses as part of its acquisition of Vickers.

Companies being sold include: Trucast, Isle of Wight Noun 1. Isle of Wight - an isle and county of southern England in the English Channel
Wight

county - (United Kingdom) a region created by territorial division for the purpose of local government; "the county has a population of 12,345 people"
, U.K.; Trucast, Inc., Newberry, South Carolina Newberry is a town in Newberry County, South Carolina, 43 miles (69 km) west -northwest of Columbia. The charter was adopted in 1894. In 1890, 3,020 people lived in Newberry, South Carolina; in 1900, 4,607; in 1910, 5,028; and in 1940, 7,510. , and Certified See certification.  Alloy Products, Inc., Long Beach, California Long Beach is a city located in southern Los Angeles County, California, USA, on the Pacific coast. It borders Orange County on its southeast edge. It is about 20 miles (30 km) south of downtown Los Angeles. .
COPYRIGHT 2001 American Foundry Society, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Rolls-Royce PLC, Vickers Turbine Components
Comment:Rolls-Royce Sells Vickers Components' Trucast.(Rolls-Royce PLC, Vickers Turbine Components)
Publication:Modern Casting
Article Type:Brief Article
Geographic Code:4EUUK
Date:Apr 1, 2001
Words:95
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