GM Antwerp plant closing worker costs 400 mln euro

Newswire

* GM worker deal for Antwerp plant closing by end 2010 * Termination costs to 2,600 workers total 400 mln euros * Expects significant worker departures by end of June DETROIT, April 30 (Reuters) - General Motors Co said on Friday that it expected to incur costs of 400 million euros ($532 million) for termination benefits covering 2,600 workers at an Antwerp, Belgium, plant it plans to close by the end of 2010. GM [GM.UL] also said a search led by the Flemish government would be ...

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