Flender/Flender Gear Units/Helical speed reduction gearbox H3
city, will concentrate on four-wheel-drive transfer cases. 4 Its production of manual transmissions for passenger cars will be shifted to

GM' plant, which has been operating at low capacity rates. The legal basis for this joint venture is found in

the Cooperative Research Act of 1, under which joint ventures, mergers, and acquisitions are registered with the Government, and their

antitrust liability is limited. Some firms use joint ventures and other arrangements as means of gaining entry into new product

markets or into the .. market By forming joint venture with Koyo Seiko, Japanese parts producer that is 2-percent owned by Toyota, TRW, .. company, has contracts to supply steering gears to the .. operations of Toyota, Mitsubishi, Mazda, and Hyundai. TRW also supplies steering gears to Nissan' Tennessee operations. In order to more quickly penetrate the .. market, LeRoy-Somer purchased King Bearing, large .. distributor of mechanical power transmission products, including gearing. Two independent West German producers, ZF Transmissions and Getrag, have established gear/motor vehicle transmission assembly plants in the United States and Honda began assembly of transmissions at its automobile assembly and engine manufacturing plant in Marysville, OH, in late November 1. Although much of the activity in international acquisitions has been foreign firms investing in .. facilities, some .. firms have acquired interests overseas to expand their markets. For example, to improve its strength . international markets and to gain more expertise in transmission and drive components, Cummins Engine acquired Self Changing Gears, British producer of gear boxes used for military and industrial applications. In January 1, Emerson Electric announced its proposed acquisition of Leroy-Somer, French gearmotor producer, for $4 million. Emerson previously purchased McGill Manufacturing, domestic producer of bearings, for an estimated $1