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YIC |
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YIC is a holding company for marketing, engineering, distribution and certain manufacturing operations located in the Americas. SPIN was subsequently acquired by Yokogawa and the distributorship moved under the name YIC in April 2003. Rebounding from FY2002 (ended March 31, 2002) of operating losses and poor financial performance (due to industry volume weakness, pricing concessions, and other YIC specific operating challenges), YIC showed improved results for the 6 months ended September 30, 2002. |
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