Affinia Group to close Canadian casting facility.Affinia Group Inc., Ann Arbor Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich., announced it is closing its metalcasting facility in Sudbury Sudbury, city, Canada Sudbury, city (1991 pop. 92,884), central Ont., Canada. It is the center of Canada's largest mining region, which produces much of the world's nickel and large quantities of copper, platinum, gold, silver, cobalt, and sulfur. , Ontario, Canada. The company called the move a step in the process of "restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). ." "To successfully compete in today's global market-driven economy, Affinia is focused on lowering costs and becoming a world class global manufacturer and distributor of on- and off-highway replacement products and services," said Terry McCormack, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Affinia. Affinia executives said in a press release that they will provide appropriate severance packages A severance package is pay and benefits an employee receives when they leave employment at a company. In addition to the employee's remaining regular pay, it may include some of the following:
"While this closure is the right decision for the future of Affinia, it in no way reflects on the talents or dedication of the 240 hard-working people of the Sudbury plant," said John Washbish, president of Affinia's Under Vehicle Group. Affinia Group produces on- and off-highway replacement parts and service industry components in 19 countries. The company employs more than 11,000. |
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