PARIS, July 28 (Reuters) - French car parts maker Valeo said on Thursday it would close its Rochester facility in New York in the light of the "rapidly worsening financial situation of the plant".
"The rapidly deteriorating situation is primarily due to the ongoing dramatic reduction in the plant's main customer's business activity," the company said in a statement.
"France's Valeo says to close U.S. Rochester site" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.Sign in to access
this Article
Why Become a Premium Subscriber?

