Citation Mansfield Announces Closing.Citation Citation (foaled 1945) U.S. Thoroughbred racehorse. In four seasons he won 32 of 45 races, finished second in ten, and third in two. He won the 1948 Triple Crown, and became the first horse to win $1 million. He set a world record in 1950 by running a mile in 1:33 3/5. Mansfield (Citation Corp.), Mansfield, Ohio Mansfield is a city in the U.S. state of Ohio and the county seat of Richland CountyGR6. The municipality is located in north-central Ohio in the western foothills of the Alleghenies, approximately 80 miles (129 km) southwest of Cleveland and 66 miles , announced it will cease operations in May. Reasons cited include the current manufacturing sector recession. The plant will continue work until it is transferred to other Citation plants. Mansfield employs 320 people and casts green sand iron castings for automobiles, trucks and rail cars. "The people of Mansfield have worked hard to bring positive change to this division, but market conditions make it impossible to financially justify continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the ," said Bob Hielman, general manager. With almost 7000 employees serving 17 divisions in nine states, Citation Corp. produces aluminum, steel and iron castings, steel forgings, and machined and assembled components for automobiles, light, medium and heavy trucks, off-highway construction equipment, agricultural equipment, pumps, compressors, and industrial valves, machine tools, aircraft, oil tools and other durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. . |
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