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Ceradyne acquires technology for oil drill bearings.(IN THE NEWS)

Ceradyne, Inc. has acquired certain patents and intellectual property covering a proprietary technical ceramic bearing solution for "down hole" oil drilling. This intellectual property was acquired from a privately owned business located in Greenwich, R.I. The manufacturing of this product will be performed at Ceradyne's Lexington, Ky., location. A key inventor of the new oil drilling bearing, Russell Ide, Jr., will join Ceradyne as a product manager ...

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