Alcoa to shutter Ohio automotive components plant
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PITTSBURGH Alcoa said today it will take a seven (m) million dollar charge to close an automotive components plant in Ohio due to overcapacity.
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Top global aluminum producer Alcoa   apparently dodged a bullet with a last-minute labor deal  for 9,000 workers across the United States, averting the need  for a threatened hard-line stance that could have included the  use of replacement workers.
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Auto-parts maker Delphi Corp. said Monday that it completed the planned shutdown of its Flint West, Mich., manufacturing plant, the largest of four US consolidations in its previously disclosed plan to reduce
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Lubrizol Corp., LZ.N a maker of  engine oil additives, said on Monday it will close a plant in  Bromborough, England, as part of a move to cut costs, resulting  in a $17 million charge.
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Dana Corp. plans to close an iron foundry in Muskegon by early August, eliminating 240 jobs, employees were told Wednesday. The Toledo, Ohio-based auto parts maker plans to outsource its piston ring casting
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Aluminum producer Alcoa Inc.  on  Tuesday announced a restructuring of its product operations  that will include plant closings and could ultimately result in  a 10 percent reduction of its worldwide work force.
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Alcoa Inc. , the world's biggest aluminum producer, on Monday posted a lower net profit, despite higher revenue from soaring metal prices, because it took a charge for divesting non-core businesses.
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The company is offering union workers at five auto parts plants up to $100,000 to leave because of declining demand from automakers.
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US auto giant General Motors has decided to shut down one of its two mid-size car-making plants in Europe next year, a decision that could force its subsidiary Saab to close operations in Sweden and slash 6,300 jobs, the Swedish metalworkers' union said.
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Aluminum producer Alcoa said Thursday it will transfer its rights to a bauxite deposit in Brazil to its majority owned joint venture, Alcoa World Alumina and Chemicals, and will realize a significant gain in the fourth quarter.
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General Motors (GM) will close a Baltimore assembly plant that employs about 1,100 people and discontinue the two brands of vans they made, a spokesman for the world&#39;s biggest automaker said Tuesday.
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NEW YORK - Alcoa (AA) shares plunged more than 5% in early Friday trading after the world&#39;s largest aluminum producer warned that third-quarter results would fall far short of Wall Street expectations, hurt by plant shutdowns, restructuring costs and
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Dana Corp. plans to close an iron foundry here by early August, eliminating 240 jobs, employees were told Wednesday. The Toledo, Ohio-based company plans to outsource its piston ring
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DaimlerChrysler AG's (DCXGn.DE)  Chrysler Group plans to cut more than 10,000 factory jobs and  close at least two plants to return the U.S-based unit to  profitability, the Detroit News said on Monday.
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Dow Chemical Co. DOW.N on Thursday   said it will shut down some plants in Canada and Italy to   enhance efficiency and cut costs.
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By Joe Walker, The Paducah Sun, Ky.  Feb. 14-- -- The 1,150 workers at the Paducah Gaseous Diffusion Plant may be getting at least one more year on the job now that USEC Inc. has stretched its schedule to have a replacement factory operating in Piketon, Ohio.
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Aluminium firm Alcoa is to close its Swansea factory by the end of March, leading to hundreds of job losses.