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....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here