Tower Automotive estimates Ind. plant closure cost at $19.6 million

Nov 16, 2006 | 12:55 PM | Philip Burgert

Bankrupt automotive body structures manufacturer Tower Automotive Inc., Novi, Mich., said the closure of its Kendallville, Ind., plant will cost an estimated $19.6 million.

The timing of the closure will be set in the next few weeks.

Production from the plant is being consolidated into other Tower facilities in North America as part of the company's ongoing restructuring, Tower executives said in a filing with the U.S. Securities and Exchange Commission. Tower filed for Chapter....

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