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Exact(34)
He had been general manager of the United States equipment division of Nike Inc.
Nokia is responding with deep cutbacks in its network equipment division.
In 1999, its test and measurement equipment division was started as a separate company, called Agilent.
It also has a power equipment division, supplying technology to allow generators to switch between fuel sources.
However, nearly all the profits came from the soon-to-be-sold network equipment division, which supplies cellphone companies.
The idea surfaced in December 2000 when members of Nike's equipment division were discussing possible innovations for children's products.
Similar(26)
Mr. Tellier said that with the sale of the recreational products unit, Bombardier's business would be split almost equally between its aerospace and rail equipment divisions, supported by a slimmed-down product financing unit.
"However, to put our performance in perspective, we are remaining profitable in the face of difficult markets for all three of our equipment divisions".
Fiat merged its construction and agricultural equipment divisions with Ford in 1991 to create New Holland, which took over U.S. competitor Case Corp in 1999 for $4.3 billion.
(Delco, a precursor to today's Delphi, an independent GM supplier, was GM's electrical-equipment division).
Siemens's medical-equipment division lurched into crisis in the mid-1990s, culminating in heavy losses and a management reshuffle.
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Justyna Jupowicz-Kozak
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