Cooper-Standard to buy Ford unit's fuel rail ops in Mexico

Newswire

Dec 18 (Reuters) - Cooper-Standard Automotive will buy the automotive fuel rail manufacturing operations in Mexico of a Ford Motor Co. unit, according to memorandum of understanding between the two companies. The El Jarudo plant in Mexico employs about 500 people and is part of Automotive Components Holdings, a Ford-managed temporary company formed in Oct 2005, the companies said in their joint statement. Financial details of the deal were not disclosed. (Reporting by Shivani Singh in ...

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