Delco Remy International Inc. says it will lay off 860 employees, or 12% of its workforce, in an effort to restructure its manufacturing facilities in the U.S., the U.K. and Canada. Roughly 800 of the jobs will be eliminated in the U.S. and Canada. The auto parts maker plans to take $22 million, or 84 cents per share, in after-tax charges for the fiscal fourth quarter, mainly from employee separation programs related to the realignment. Delco Remy says the restructuring will save $20 ...

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