ALSO. . .

* Torrance-based Summa Industries has acquired the belt and chain division of privately held Rainbow Industrial Products Corp. for $5.8 million in cash. Summa, which makes engineered industrial plastic components, said the deal would add 2 cents per share to its earnings for the nine-month period ending Aug. 31. Reading, Pa.-based Rainbow is a maker of injection-molded modular plastic conveyor belts and chains.