AK Steel Corp. says it likely will idle most of its Ashland, KY, steel operations in late July or early August, affecting about 750 hourly and salaried employees. The stoppage is a result of recent announcements by General Motors Corp. and Chrysler LLC of production curtailments, the supplier says, adding the facility is expected to remain idle at least through 2009. Continental Tire North America Inc. ’s tires will be standard original equipment on all of Freightliner LLC’s Business Class ...
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