Monday, 18 June 2007

Visteon to close Indiana plant, cut 685 jobs

(Reuters) - The company expects to begin negotiations with union
representatives soon over the terms of severance packages.




The planned closure is part of a Visteon plan to fix, close
or sell 30 plants through 2009 as the company narrows its focus
to auto interiors, climate controls and electronics, Visteon
spokesman Jim Fisher said.


Read more at Reuters.com Bonds News

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