Dura Automotive details restructuring plans

Newswire

CHICAGO, March 28 (Reuters) - Dura Automotive Systems Inc. said on Tuesday it would close between five and 10 facilities as part of the restructuring program it announced last month. The Rochester Hills, Michigan-based maker of driver control systems said that as many as half of its plants could ultimately be affected as it moves production to what it called "best-in-cost" facilities. The auto supplier said it planned to cut the number of companies supplying it by 25 percent, increase ...

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