CANBERRA – Holden Ltd. says it won't immediately hire workers from Mitsubishi Motors Australia Ltd.’s workforce in Adelaide, where an engine and foundry plant now are set for closure. The Lonsdale engine plant and foundry are among several plants Mitsubishi Motors Corp. in Japan announced on May 21 that will close as part of a new rescue plan. The parent company plans to cut 11,000 jobs, nearly a quarter of its global workforce, and will receive a $4 billion cash infusion to counter its $9 ...
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