TRW's vehicle safety unit to close Tennessee facility


BANGALORE, June 23 (Reuters) - TRW Vehicle Safety Systems Inc., a subsidiary of TRW Automotive Holdings Corp. , on Thursday said it would close an airbag making facility that employs about 390 workers. The company, in a news release, cited increasing pricing pressures for closing the facility at Cookeville, Tennessee. TRW does not expect the closure of the unit to affect the employees until the middle of 2006, the release said. Shares of Livonia, Michigan-based TRW Automotive closed up ...

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