CLEVITE <CLEV> FORMS JOINT VENTURE
Clevite Industries Inc said it
agreed in principle to form a joint venture company with
Bridgestone Corp of Tokyo.
    Based in Milan, Ohio, the joint venture company,
Clevite-Bridgestone Co, will manufacture and sell
rubber-to-metal products for the automotive industry in the
United States, Canada and Mexico.
    Initially, it said the new company will manufacture
products in Clevite's existing Angola, Ind. plant.

 Reuter
