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IC Industries Inc. sold Amsco Welding Products, a Wauseon, Ohio-based company, to Stoody Co. Amsco was a unit of IC`s Abex Corp. Terms were withheld. Both Stoody, based in California, and Amsco produce welding products. They will operate independently under Stoody`s ownership, said James B. Lovell, Stoody`s president.