20.6.06

FOCUSING ON YOUR CORE OFFERINGS. Rockwell Automation will be selling some parts of its Dodge Power Transmission and Reliance Electric divisions. The news article I linked to relies heavily on the corporation's press release, which isn't much more instructive. It's not clear what bits of the product line are to be hived off. But the release does suggest that somebody at Rockwell grasps opportunity cost and economic profits.
This transaction stems from Rockwell Automation’s ongoing efforts to enhance shareowner value. The company does not expect this transaction to change its priorities for cash deployment, but will create an even greater focus on power and integrated control and information solutions to meet customers’ business needs.
I think that means "we are not going to be all things to all manufacturers, because we can make more money doing some things well." A cynic might interpret that "change its priorities for cash deployment" as "We're selling lines of business we had no plans to expand."

I'm not sure what to make of the disclaimer at the end of the press release.
This news release contains statements (including certain projections and business trends) accompanied by such phrases as “believe”, “estimate”, “expect”, “anticipate”, “will”, “intend” and other similar expressions, that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, many of which are beyond our control, including but not limited to ...
The hoops we have to jump through because some people conflate a projection with a promise.

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