Exide Technologies To Make Honeywell Batteries

Battery maker struck licensing deal to make batteries using Honeywell's Autolite trademark for auto, lawn and garden, marine and power-sports applications in North America.

MILTON, Ga. (AP) -- Battery maker Exide Technologies said Thursday that it had struck a licensing deal to make batteries using Honeywell International Inc.'s Autolite trademark for auto, lawn and garden, marine and power-sports applications in North America.

Exide said there are currently no active mass market distributors of Autolite batteries, despite its strong brand name on spark plugs and other aftermarket replacement parts.

Exide shares were up 30 cents, or 5.6 percent, at $5.69 in after-hours trading Thursday after closing up 29 cents, or 5.7 percent, at $5.39. Honeywell shares were up 9 cents at $41.35 in after-hours trading after closing up $1.25, or 3.1 percent, at $41.26.

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