Tuesday, April 3, 2007

Dura Automotive to close 4 plants, sell 2 businesses

(Reuters) - April 3 - Bankrupt auto component maker Dura Automotive Systems Inc. said as part of its restructuring plan, it intends to close four plants, cutting 416 jobs, and sell two businesses.

The company, which filed for Chapter 11 bankruptcy protection on Oct. 30, 2006, said the four plants in Brownstown, Indiana; Bracebridge, Ontario; Hannibal South, Missouri; and Selinsgrove, Pennsylvania are slated to be closed this year.


Read more at Reuters.com Mergers News

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