Hayes Lemmerz International Inc. will close its Somerset, KY, cast aluminum wheel plant by the end of March. Hayes Lemmerz says the move is in line with continuing efforts to eliminate excess cost and underutilized capacity. Work will be transferred to other Hayes Lemmerz facilities. Newcor Inc. of Bloomfield Hills, MI, files for Chapter 11 bankruptcy protection. Newcor has obtained interim financing and says it will continue to deliver parts to customers and pay its suppliers and ...
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