UPDATE 2-ArvinMeritor plans to close Indiana plant


(Recasts lead, adds details from company news release) CHICAGO, Sept 24 (Reuters) - Auto parts supplier ArvinMeritor Inc. said on Wednesday it will close an Indiana plant employing 850 workers. The Franklin, Indiana, factory makes exhaust systems. The union representing 750 workers at the Franklin plant was informed of the decision last week, ArvinMeritor spokeswoman Krista McClure told Reuters. ArvinMeritor shares ended up about 3.5 percent at $20.51 on Wednesday afternoon on the New ...

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