Dana to Close Cape Girardeau Plant and Three Others

1 decade 1 year 11 months ago Tuesday, December 12 2006 Dec 12, 2006 Tuesday, December 12, 2006 6:38:41 PM CST December 12, 2006 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
TOLEDO, Ohio - Dana Corp. said Tuesday it will close one plant each in Missouri and Indiana, as well as two plants in Canada, eliminating 440 jobs. The auto parts maker is closing plants in Cape Girardeau, Mo., Syracuse, Ind., and Guelph and Thorold, Ontario. Dana filed for bankruptcy last March, then announced last month it will close eight of its 66 plants. Dana said closing plants, eliminating health benefits and reducing other costs will save $405 million-$540 million a year. The Missouri plant, which makes axle parts, has about 200 workers and will close in June 2008. Dana will shift the work from the Missouri and Indiana factories to Mexico.

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