ROCKWELL <ROK> UNIT, JAPAN FIRM FORM VENTURE
Allen-Bradley Co, a unit of Rockwell
International Corp, said it has formed a joint venture with TDK
Corp of Tokyo to produce, market and sell ferrite magnets.
    Allen-Bradley will be responsible for production and TDK
will handle sales and marketing. Products will be marketed
through TDK Corp of America, a Chicago-based TDK unit that
markets TDK's electronic components.
    The venture, to be known as Allen-Bradley/TDK Magnetics,
will be based in Shawnee, Okla, in the existing Allen-Bradley
magnetics production facility.
 Reuter
