b"R\x00\x00\x00 H\x00\x00\x00\x00\x00\x00 \x00\x00 \x00\x00\x00 A\x00\x00\x00\x00\x00 B\x00\x00\x00\x00In September, 1998, Arnold announced the forma\x00on of Jade Magne\x00cs, Ltd., a joint venture company with manufacturing opera\x00ons in Shenzhen, PRC. Jade Magne\x00cs was owned 60% by Arnold and 40% by Green Cartridge Company, Ltd. Jade's business scope included the produc\x00on of specialized magne\x00c assemblies and bondedJade Magnetics, Ltd.magnets for automo\x00ve and reprographic applica\x00ons. Jade represented Arnold's ini\x00al manufacturing opera\x00ons in the Asia-Pacic region. On August 16, 2000, Arnold acquired full ownership of Na\x00onal-Arnold Magne\x00cs, Adelanto, California. The wound core business was sold to Magne\x00c Metals in February 2003.In October 2001, the Sevierville, Tennessee Ferrite manufacturing plant was closed as a result of a shi\x00 to this type of produc\x00on to China.In August 2002, Arnold Magne\x00cs Ltd. started opera\x00on in a purpose-built facility for the manufacture of so\x00 magne\x00c Powder Cores. The factory complex is located in Fuyong, a suburb of Shenzhen, China, within an hour's travel of Hong Kong. Over 100,000 square feet of modern factory, laboratory and oce space and a highly trained workforce of over 175 produces the world's highest quality MPP, Super-MSS and Hi-Flux powder cores for delivery throughout the world. On August 18, 2003, it was announced that Precision Cast Parts Corpora\x00on (NYSE:PCP) had acquired SPS Technologies. P\x00\x00\x00 10"