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Replies to post #5159 on CKUA

Replies to #5159 on CKUA

Arctec

04/07/07 12:10 AM

#5160 RE: Arctec #5159

The restructuring of the U.S. auto parts industry slopped over the border into Canada again Monday as Dura Automotive Systems Inc. told workers it will shut its remaining plant in Canada, a move that will eliminate more than 300 jobs in Bracebridge, Ont. Dura, which is operating under Chapter 11 bankruptcy protection in the United States, had already announced that it will close plants in the Ontario cities of Brantford and Stratford. The maker of metal seating components, as well as driver control and exterior trim parts, is one of a long list of U.S. auto parts companies operating in bankruptcy protection because of major cuts in production and assembly plant closings at Ford Motor Co., General Motors Corp. and the Chrysler division of DaimlerChrysler AG.

Approximate Affected Workforce: 101-500
Source: globeandmail.com - April 2, 2007