<VV> Battery Business

[MSYVairs@aol.com]

And the battery business gets even smaller!

Bill " Swamp Rat" Hadley

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JCI agrees to by Imsa auto battery unit for $525 million


Reuters / July 19, 2004
MEXICO CITY -- Mexican conglomerate Imsa said on Monday its agreed to sell 
its auto battery business to partner Johnson Controls for $525 million, cash it 
will use to pay down debt. 

Imsa said in a statement Johnson Controls will also absorb the debt of the 
battery business. 

Monterrey-based Imsa also has steel, plastics and aluminum concerns.