Gear Industry News 2007

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Marposs Acquires Control Gaging Incorporated
Marposs S.p.A. of Bologna, Italy recently announced the acquisition of Control Gaging Incorporated of Ann Arbor, Michigan. According to t... (posted 2007-12-19)

SME Releases Latest Video in Manufacturing Insights Series
The Society of Manufacturing Engineers (SME) recently announced the release of Minimum Quantity Lubrication, an addition to the SME Manuf... (posted 2007-12-19)

Performance Gear Celebrates 10 Years of Operation
Performance Gear Systems Inc. celebrated its tenth year in business on October 31, 2007. The company began as a gear design and consultin... (posted 2007-12-19)

Encore Group Joins Dura-Bar Distributors
Dura-Bar, the only North American producer of continuous cast iron bar stock, recently announced the addition of the Encore Group of Edmo... (posted 2007-12-19)

ECM Commemorates 10 Years in United States
ECM, a manufacturer of vacuum carburizing furnaces, recently announced its ten-year anniversary in the United States. The U.S. headquarte... (posted 2007-12-19)

Metallurgicall High Vacuum Expands Headquarters
Metallurgical High Vacuum Expands Michigan Headquarters MHV Builds Office & High Tech Engineering Center to Handle Expected Growth ... (posted 2007-12-04)

MAG Powertrain Installs MQL System for Ford
MAG Powertrain is installing a Minimum Quantity Lubrication (MQL) machining system at the Ford Van Dyke Transmission Plant in Sterling He... (posted 2007-11-26)

Manufacturing Technology Consumption Up 6.7 Percent Through September
According to the Association for Manufacturing Technology (AMT) and the American Machine Tool Distributors’ Association (AMTDA), te... (posted 2007-11-26)

Vision Quality Components Celebrates Five Years in Business
Providing powder metal components since January of 2003, Vision Quality Components Inc. is set to celebrate five years in business. The P... (posted 2007-11-26)

Niagara Gear Expands Plant in New York
A recent 8,000-square-foot expansion project at Niagara Gear Corporation in Buffalo, New York, brings the total plant size to more than 3... (posted 2007-11-26)

Induction Heating Seminar Leads to Big Plans in 2008
The First Mexican Induction Heating and NDT seminar, held at the Plaza Camelinas Hotel in Queretaro, Mexico, featured several world-recog... (posted 2007-11-21)

Tower Tech Announces Additions to Management Team
Tower Tech Holdings Inc., a Wisconsin-based manufacturer of components for energy and infrastructure-related industries, recently announc... (posted 2007-11-09)

American Axle Forms Joint Venture with Sono Koyo
American Axle and Manufacturing Holdings Inc. recently announced the formation of a joint venture with Sona Koyo Steering Systems Limited... (posted 2007-11-09)

October Report Looks Positive for Metalforming Industry
According to the October 2007 Precision Metalforming Association (PMA) Business Conditions Report, business conditions will dip slightly ... (posted 2007-11-09)

Like Father, Like Son at Deritend
Deritend Industries recently announced the appointment of Mark Brady as operations director at RMB Engineering.  Brady will be takin... (posted 2007-11-09)

Moventas Appoints General Manager for China
Yang Xilin has been appointed general manger of Moventas’ Industrial Gears division in China effective November, 1, 2007. In additi... (posted 2007-11-09)

Powder Industry Opens International Design Competition
The Metal Powder Industries Federation (MPIF) has opened the 2008 International PM Design Excellence Awards Competition in an effort to r... (posted 2007-11-09)

Manufacturing Economist Disagrees with Federal Reserve Report
A recent report from the Federal Reserve that stated manufacturing production showed no change in September of 2007 is not accurate, acco... (posted 2007-11-09)

Wenzel Opens North American Facility in Wixom, MI
Wenzel GmbH of Germany, a large manufacturer of coordinate measuring machines (CMMs), opened a new 24,000-square-foot headquarters and ma... (posted 2007-10-31)

Lufkin Announces Election of John F. Glick as president
The board of directors at Lufkin Industries Inc. has elected John (Jay) F. Glick as president of the company. Glick has been a senior off... (posted 2007-10-31)

August Manufacturing Technology Consumption Up 26.6 Percent
According to the Association for Manufacturing Technology and the American Machine Tool Distributor’s Association, manufacturing te... (posted 2007-10-31)

Powder Metallurgy Market Expected to Approach 30 Billion by 2012
According to a recent study by Materials Technology Publications, the powder metallurgy market should approach $30 billion by 2012, growi... (posted 2007-10-31)

AGMA Foundation Hires New Director
AGMA hired Sandra Detwiler as its  new executive director of the AGMA Foundation. Detwiler has 10 years of associatio... (posted 2007-10-25)

ANCA Appoints European General Manager
ANCA appointed Markus Berger as general manager responsible for European operations. According to the company’s press release, Berg... (posted 2007-08-30)

Acme Manufacturing Opens Shanghai Office
Acme Manufacturing Co. announced the opening of an office in Shanghai, China and the hiring of Ling Yun to manage the new office. Accordi... (posted 2007-08-30)

Ikona Receives $150,000 Order, Signs Distribution Agreement
Ikona Gear International received a $150,000 order from Cummins API S.A. for its new 1100 HDC hydraulic power take-off product line for t... (posted 2007-08-30)

Northstar Aerospace Receives Contract for New Drive System Development
Northstar Aerospace was awarded a $4.5 million development contract from The Boeing Co. for its Enhanced Rotor Rotorcraft Drive System (E... (posted 2007-08-30)

Star SU and Sicmat Sign Distribution Agreement
Sicmat has partnered with Star SU for the North American distribution of the Sicmat line of gear shaving machines. Located in Torino... (posted 2007-08-30)

Ford Announces Sale of Automotive Components Holdings' PTU Business
Ford Motor Co. and Linamar Corp. announced the signing of definitive agreements for the sale of the Automotive Components Holdings’... (posted 2007-08-30)

Process Equipment Announces Partnerships
Process Equipment Announces PartnershipsProcess Equipment Co. announced a distributorship agreement with Arthur Klick Co. for distributio... (posted 2007-08-30)

Moventas Invests in Wind Turbine Gear Production, Hires New Executives
Moventas invested approximately 115 million euros in a new wind turbine gear factory in central Finland. Construction will begin in fall ... (posted 2007-08-30)

Mitsubishi Heavy Industries Completes Gear Cutting Tool Production Plant in India
Mitsubishi Heavy Industries Ltd. completed construction of a new plant at Mitsubishi Heavy Industries India Precision Tools, Ltd., an Ind... (posted 2007-08-30)

Brad Foote Gear Sold to Tower Tech
According to a report issued by the American Wind Energy Association, Tower Tech Holdings Inc. acquired Brad Foote Gear Works Inc., a pro... (posted 2007-08-30)

Wheelabrator Hires New Service Engineer
 Juan Jose Limón recently joined Wheelabrator Group as sales/service engineer in Mexico. In this position, Limón will ... (posted 2007-08-13)

Five New Companies Join AGMA
The American Gear Manufacturers Association added five new member companies this month.New member companies include:Bluffton Motor Works ... (posted 2007-08-09)

Lufkin Industries Elects New President
Lufkin Industries welcomed John (Jay) F. Glick to the office of president of the company Thursday. Glick, who has been a senior officer w... (posted 2007-08-09)

Romax Opens New Offices in North America and Japan
Romax Technology announced the opening of its new offices in Tokyo and Troy, MI.In addition, the company hired Hayao Yazawa as ... (posted 2007-08-09)

Carraro Group Finalizes Takeover of mG miniGears
Gear World SpA, a newly established company, put the finishing touches on its 100% takeover of mG holding SpA, the controlling company of... (posted 2007-08-03)

Ralph Marshall Retires from Inductoheat
Ralph Marshall, a machine builder for Inductoheat Inc., retired after 40 years of service.According to Inductoheat's press releae, Ma... (posted 2007-08-02)

Inductoheat Ships Five IROSS Frequency Systems
Inductoheat Inc. shipped five IROSS induction line frequency systems to supplier of engine crankshaft vibration dampers.Units are designe... (posted 2007-08-02)

SECO/Warwick Publishes New Corporate Brochure
SECO/WARWICK released the new SW-200.3 version of its corporate brochure to include new information on its Retech Vacuum Melting faciliti... (posted 2007-07-27)

McNeil Industries Buys OLS Machine
Randall J. McNeil, president and CEO of McNeil Industries announced the acquisition of OLS Inc. Terms of the agreement were not disc... (posted 2007-07-27)

Limamar Wins Ontario Business Excellence Award
 Linamar Corporation is a recipient of a 2007 Outstanding Business Achievement Award from the Ontario Chamber of Commerce (OCC). Acc... (posted 2007-07-27)

Michael Engesser Appointed Reishauer Sales Director
Reishauer AG Board of Directors, in Wallisellen, Switzerland appointed Michael Engesser as director of sales and member of the executive ... (posted 2007-07-27)

AFC-Holcroft Hires New Managers
AFC-Holcroft announced the appointment of Dan McMann as manager of aftermarket parts and services and Tim Josephs as account manager.&nbs... (posted 2007-07-27)

Delta Research, Tifco Gage and Gear Hires New Sales Rep
Delta Research and TIFCO Gage & Gear announced the hiring of Tony Werschky to their sales team.  With over 12 years of sales exp... (posted 2007-07-27)

Romax Technology Signs Preferred Engineering Partnership with Applied Technologies
 101 West Big Beaver Rd ¨ Troy, Michigan 48084             &nbs... (posted 2007-07-25)

Philadelphia Gear's Birmingham Facility Installs Hofler Grinder
Philadelphia Gear Corp. announced that its Birmingham Regional Service Center installed a 1.5 meter Höfler grinder.  ... (posted 2007-07-10)

Carl Zeiss Wins Bosch Supplier Award
Carl Zeiss Industrial Metrology GmbH announced that it has won its third consecutive Bosch Supplier Award. The manufacturer of indus... (posted 2007-07-09)

GW Plastics and ABA-PGT Form Strategic Alliance
GW Plastics and ABA-PGT announced the formation of a global strategic alliance for plastic gear systems and integrated motion transfer sy... (posted 2007-07-05)

Highway Machine Co. Acquires North America's First Six-Meter Form Grinder
HMC announced its recent acquisition of the first six Meter, (240"), Hofler Form Grinder in NorthAmerica, which will be in... (posted 2007-07-03)

Allen Austin Named Service Manager for Wheelabrator
Wheelabrator announced that Allen Austin was named the service manager for Wheelabrator Plus, the after-sales division of Wheelabrat... (posted 2007-07-03)

Chrysler and GETRAG Announce Joint Venture for 700,000 Dual Clutch Transmissions
Chrysler Group’s vice president of powertrain manufacturing Richard Chow-Wah joined Indiana Gov. Mitch Daniels to name Tipton Count... (posted 2007-07-02)

GM Plans $5.6 Billion Sale of Allison Transmission
General Motors Corp. announced on June 28 it will sell its Allison Transmission commercial and military business to The Carlyle Group&nbs... (posted 2007-06-28)

Wheelabrator Hires New Aftermarket Service Manager
Wheelabrator announced that Allen Austin was named the service manager for Wheelabrator Plus, the after-sales division of Wheelabrator Gr... (posted 2007-06-27)

Seco Tools Announces Component Engineered Tooling Partnership
Seco Tools Inc. announces Component Engineered Tooling (CET), the newest offering from its Seco Business Solutions service provisions mad... (posted 2007-06-27)

Precipart Promotes Daniel Rudolf to Quality Director
Precipart Corp. announced the promotion of Daniel Rudolf to director of continuous improvement in mid-June. According to the company... (posted 2007-06-26)

BIG Kaiser Program Addresses Local Engineer Shortage
For years, BIG Kaiser Precision Tooling Inc. announced continuation of its partnership with Elk Grove High School to support st... (posted 2007-06-26)

Bison Gear Named One of Chicago's Best and Brightest Companies
Electric motor manufacturer Bison Gear & Engineering Corp. has been selected one of Chicago's 101 Best and Brightest Companies to... (posted 2007-06-20)

Voith Announces Plans to Buy BHS Getriebe GmbH
Voith Turbo announced plans to take over the gear manufacturer BHS Getriebe GmbH in Sonthofen, Germany, from majority shareholder Halder ... (posted 2007-06-19)

ZF Recruits 250 Engineers
With the objective of launching a hybrid drive system on the market within the next few years, ZF is concentrating on orders for the Germ... (posted 2007-06-15)

BHS Rotor Turning Gears Showcased at PowerGen Europe
BHS Getriebe GmbH will be showcasing its rotor turning gear capabilities in its booth at Power Gen Europe.Units are used to prevent ... (posted 2007-06-13)

New President Named at Hangsterfer’s Laboratories
Leslie Jones was appointed as president of Hangsterfer's Laboratories, effective May 1.According to a company press release, Jones st... (posted 2007-06-12)

Bison Gear Wins Community Leadership Award
Bison Gear & Engineering Corp. will receive The Business Leadership Award from the River Valley Workforce Investment Board on June 21... (posted 2007-06-12)

ZF Expands in Russia
ZF and Kamaz announced plans to complete an expansion of a joint assembly plant in Naberezhnye Chelny, Tatarstan (Russian federation) by ... (posted 2007-05-31)

Westerman Companies Announces Plan to Sponsor Key Motorsports
Westerman Companies and Key Motorsports agreed to partner in four NASCAR Craftsman Truck Series races this year, beginning with the July ... (posted 2007-05-31)

Volker Bartelt Named CEO of Pfaff-Silberblau
Effective April 1, Volker Bartelt started as CEO of Pfaff-Silberblau Group, located in Derching/Friedburg, Germany. Bartelt will be t... (posted 2007-05-31)

FARO Sponsors Team at Porsche Supercup
FARO Technologies, manufacturers of portable CAM2 solutions, is sponsoring the newly established Team of HISAQ Competition during the 200... (posted 2007-05-31)

Cinetec Grinding Moves Headquarters to Hagerstown, Maryland
Cinetic Landis Grinding Corp. relocated its headquarters and manufacturing/assembly facility approximately 15 miles to Hagerstown, MD. ... (posted 2007-05-29)

Nord Gear Expands in Wisconsin
Nord Gear added a new gearbox assembly center and a new paint booth to its newly expanded facility in Waunakee, WI. The large gearbox ... (posted 2007-05-24)

American Broach President Dies
Ed Kokmeyer, former president of American Broach & Machine Co., died. Funeral arrangements are being handled by: Nie Funeral Ho... (posted 2007-05-24)

Norton Kaplan Appointed Head of Methods Automation
Methods Machine Tools has formed a new group—Methods Automation—to assist customers in maximizing performance of the individual machine t... (posted 2007-05-24)

Maag Sells Marine and Turbo Gear Activities
Maag Gear AG divested its marine and turbo gear business units, effective May 1, 2007. Renk AG bought the business unit and plans to cont... (posted 2007-05-24)

Bonfiglioli Relocates to Larger Facility
Bonfiglioli relocated its headquarters to a facility with quadruple the square footage of its previous location. The new address is: ... (posted 2007-05-24)

Northstar Aerospace Announces Executive Appointments to Accelerate Manufacturing Ramp-Up
Northstar Aerospace announced several executive management changes in accordance with the company's plans to drastically accelerate i... (posted 2007-05-24)

Kaufer Named Sales Director at United Gear
Paul Kaufer joined United Gear and Assembly of Hudson, WI, as director of sales and marketing. According to UGA's press release, ... (posted 2007-05-24)

Schafer Gear Adds New Grinding Equipment
Schafer Gear Works invested in new production equipment, including new gear grinding machines in the company's South Bend, IN, and Ro... (posted 2007-05-24)

Eaton Moves Gear Machining to Hastings, NB
Eaton Corp. announced plans consolidate some of its business segments, including those involved in machining gears for differentials. ... (posted 2007-05-24)

Bison Gear Institutes Skilled Workforce Initiative
Bison Gear & Engineering is collaborating with other manufacturing, governmental and educational institutions to remedy the shortage of q... (posted 2007-05-24)

Richard Kuhr Joins ABA-PGT's Sales Force
Richard Kuhr was hired as a sales and applications engineer at ABA-PGT's Chicago location. Kuhr has more than 30 years' gear ... (posted 2007-05-24)

ECM USA Introduces New Sales Rep
ECM USA hired Bill St. Thomas for their sales team. According to the company’s press release, St. Thomas has more than 30 years&#... (posted 2007-03-30)

Ikona Receives $1.7 Million Purchase Order
Ikona Gear International Inc. announced that it has received a purchase order in excess of $1.7 million to provide five oil and gas draww... (posted 2007-03-28)

Linamar Expands Gear Facility
Linamar Corp. announced plans to add 100,000 square feet to its existing facility to accommodate new and future gear manufacturing progra... (posted 2007-03-28)

Doshi Returns to Schafer Gear as Production Manager
Robert Doshi returned to Schafer Gear Works as production manager. According to a company press release, Doshi held this position befo... (posted 2007-03-26)

Anthony Fedor and Scott Caccamise Buy Rochester Gear
Anthony Fedor and Scott Caccamise have purchased the stock and real estate of Rochester Gear. The company is a manufacturer of preci... (posted 2007-03-22)

Ford Invests $200 Million in Transmission Plant
Ford Motor Co. announced a $200 million investment in the Sharonville, OH, transmission plant for a future high performance, fuel-efficie... (posted 2007-03-22)

Lenze Opens New Office in Leeds
Lenze opened a new regional sales office in Leeds, which will be used for technical sales and local application support,meetings, trainin... (posted 2007-03-19)

Gear Motions Hires Executive Vice President
Sam Haines, president of the Gear Motions companies (Oliver Gear in Buffalo and Nixon Gear in Syracuse) announces the appointment of Barb... (posted 2007-03-09)

Samputensili Invests 4.7 Million Euros in Ennvironmentaly Friendly Manufacturing Facility
Samputensili S.p.A. announced an investment of 4.7 million euros for the building of a new manufacturing facility of Ortona (Chieti, Ital... (posted 2007-03-09)

Honda Begins Powertain Components Production in China
Production began on March 8 at the new Honda Auto Parts Manufacturing Co.Ltd. (CHAM) plant in Nanhai Industrial Park District, Foshan Cit... (posted 2007-03-08)

Timken Expands Round Bar Capabilities
The Timken Co. announced that it has further expanded its rolled carbon and alloy steel round bar capabilities and can now produce a max... (posted 2007-03-06)

P & F Industries Acquires Hy-Tech Machine and Related Assets for $16.9 Million
P&F Industries, Inc. announced that,through a newly-formed subsidiary, it has acquired substantially all of the assets comprising the bus... (posted 2007-03-06)

Gleason Acquires LeCount
Gleason Corp. announced it has acquired the assets and business of LeCount Inc., a producer of expanding mandrels and other workholding e... (posted 2007-03-01)

Ikona Ships New Mud Pump Drives to North American Customers
Ikona Gear made its first commercial shipments of its new Mud Pump Drives to major oil and gas companies in Canada and the U.S. Accord... (posted 2007-02-23)

Alta Holdings Acquires TB Wood’s
Altra Holdings, Inc. and TB Wood’s Corp. announced that they have entered into a definitive agreement specifying that Altra will acq... (posted 2007-02-22)

Bodine Announces Management Promotions
Bodine Electric Co. has promoted Michael Gschwind to vice president of sales and marketing. Gschwind, who has been with the company f... (posted 2007-02-20)

Gary Kimmet Appointed President of Gear Research Institute
Gary Kimmet, vice president of worldwide sales and marketing at Gleason Corp., was appointed president of the Gear Research Institute. ... (posted 2007-02-20)

Management Promotions at SM Cyclo
Donald J. Brownrigg was promoted to CEO/president for SM-Cyclo of Canada. Brownrigg has worked in the power transmission industry fo... (posted 2007-02-20)

Applied Process Commissions Heat Treating Facility in China
Applied Process CEO John Keough recently commissioned AP Suzhou as the newest member of the Applied Process family of companies. The... (posted 2007-02-19)

Ronson Gears Wins Apprenticeship Award
Ronson Gears was named a winner at the Melbourne Business Awards 2006 Foundation. The Melbourne Business Awards commenced in 1992 to ... (posted 2007-02-14)

AGMA Seeks Staff Engineer
The American Gear Manufacturers Association is seeking a staff engineer responsible for coordinating technical committees in the developm... (posted 2007-02-12)

Hansen Transmissions Establishes Gearbox Facility in India
Hansen Transmissions International announced plans to invest 170 million euros for a wind turbine production plant. The facility will sup... (posted 2007-02-12)

Siemens Flender Wins Metso Minerals Order
Siemens Flender received an order from Metso Minerals UK Ltd., a minerals processing equipment specialist that is constructing a number o... (posted 2007-02-12)

Industri Kapital Acquires Majority Stake in Moventas
Industri Kapital signed an agreement with CapMan Funds to acquire a majority stake in Moventas, a Finland-based manufacturer of industria... (posted 2007-02-12)

1,473 American Axle Employees Participated in Special Attrition Program
American Axle & Manufacturing Holdings, Inc. announced that 1,473 UAW-represented employees agreed to participate in AAM's special at... (posted 2007-02-12)

Two Publications from Society of Lubrication and Tribology Available
The completely revised and updated Handbook of Lubrication and Tribology, Volume I: Application and Maintenance, Second Edition, is now a... (posted 2007-02-08)

Schott Systems’ New Video Highlights Bending Capabilities
One of the newest features of Schott Systeme advanced 3D modeling tools included within its CAD CAM software is the 'Pictures by PC ... (posted 2007-02-08)

Eaton Renews Chemical Mangement Program With Houghton
Houghton FLUIDCARE(r), a division of Houghton International, signed a three-year agreement with Eaton Corp., Cleveland, OH, to provide a... (posted 2007-02-08)

KBE+ Provides Consulting Service with Chinese Automotive Manufacturer
KBE+ Inc. recently was awarded a contract with Nanjing Automobile (Group) Corp., located in Nanjing, China. According to the company... (posted 2007-02-08)

mG miniGears Reports Sales Surpassing 70 Million Euros
Worldwide sales of mG miniGears rose by 7.6% to 73.9 million euros, surpassing the 70 million euro mark for the first time. According... (posted 2007-02-02)

OC Oerlikon AG Purchases Fairfield Parent Company Saurer AG
Fairfield Manufacturing Company, Inc. headquartered in Lafayette, IN announced that Saurer AG of Switzerland, parent company of Fairfield... (posted 2007-02-02)

Conicity Technologies Named Alliance Partner for Department of Defense
Conicity Technologies was named an alliance partner of the National Center for Defense Manufacturing and Machining (NCDMM). According ... (posted 2007-02-02)

Ikona Gear Names New Vice President
Joe Vosburgh was named executive vice president of Ikona Gear. Vosburgh will assume the overall responsibility for strategic planning... (posted 2007-01-31)

Tim McLaughlin Joins Wheelabrator as Sales Manager
Wheelabrator Plus announced that Tim McLaughlin has joined the company as Territory Account Manager and will have account responsibility ... (posted 2007-01-19)

Heidenhain Introduces Three New Sales and Product Managers
Heidenhain Corp.appointed of three national sales and product managers. These national sales and product managers will cover business ... (posted 2007-01-19)

Ipsen International and VFS Consolidate into New Entity
Ipsen International and VFS combined forced into a new entity called Ipsen Inc. John Schmitt, president and CEO, says "Together, our n... (posted 2007-01-18)

Paccar Announces Plans for $400 Million Engine Manufacturing Plant
Paccar Inc. Inc unveiled plans for a new $400 million powertrain manufacturing and assembly facility in the southeast United States. ... (posted 2007-01-16)

Paulo Products Adds Surface Treatment Capabilities
Paulo Products Company added two surface treatments at its St Louis, MO, facility. Paulo-St Louis now has the capability to perform ... (posted 2007-01-10)

Explosion at Falk Kills Three Employees, Injures 46

An explosion at Milwaukee-based Falk Corp.... (posted 2007-01-09)

Bison Gear Appoints New President
Bison Gear & Engineering Corp. announced the appointment of Martin Swarbrick as president and Chief Operating Officer. Most recently,... (posted 2007-01-09)

New Sales Manager for Reishauer Named
Jeff Hocevar has been appointed national sales manager for Swiss-based Reishauer AG’s North American diamond and CBN tool division. ... (posted 2007-01-09)

Performance Gear Adds Inspection Capabilities
Performance Gear Systems, Inc. has purchased a Hofler ZAP Analytical Gear Checking Machine. According to the company’s press re... (posted 2007-01-08)

Advanced Heat Treat Installing $1.5 Million Large Capacity Ion Nitriding Vessel
Advanced Heat Treat Corp. is installing one of the world's largest ion nitriding vessels in their new Cullman, AL service center, cur... (posted 2007-01-04)

Renold Divests Machine Tool Business
Renold plc announced that, since its announcement on 23rd November 2006, it has agreed upon terms for the sale of certain assets and liab... (posted 2007-01-03)