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* Brunswick Corp., a maker of recreational products, plans to stop making bicycles, cutting 1,075 jobs, amid rising competition from Asia. The company will close two plants in Mexico and one in Illinois within six months and will contract with Asian manufacturers to make its Mongoose and Roadmaster brand bikes.

* TRW Inc. agreed to sell its welding business to closely held FabriSteel Products Inc. of Taylor, Mich., for undisclosed terms.

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