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When companies disperse different stages of the value chain to those locations around the world where perceived value is maximized or where the costs of value creation are minimized, companies create
Pump Division
A specialized unit within a company focused on the manufacture and sale of pumps.
Valve Division
A segment within a company that specializes in the production and sale of valves.
Net Operating Income
A company's income after operating expenses have been deducted but before income taxes and interest are subtracted.
Wheel Sets
Components consisting of a wheel and axle assembly used in various applications, notably in vehicles and machinery.
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