UPDATE 1-No third chance for Magna International N.Y. plant

Newswire

* Magna says plant would by unsustainable even with aid * Workers have twice rejected company-demanded concessions * Plant employs around 1,400 (Adds details, background, quotes; in U.S. dollars unless noted) TORONTO, March 26 (Reuters) - Magna International Inc will continue to wind down its Syracuse, New York, auto parts plant because it would still be unsustainable even if it qualified for U.S. government aid, according to a company memo to staff on Thursday. U.S. Senator Charles ...

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