November 7, 2007 -- Auto supplier ArvinMeritor Inc. announced Wednesday it will close a plant in North Carolina and open one in Monterrey, Mexico, where some work from the shuttered U.S. operation will move. The axle operation in Arden, N.C., will close by September 2008. The company will begin transferring work in February to another North Carolina facility as well as the new Mexican plant, according to a news release.
The closure is part of ArvinMeritor’s previously announced restructuring plan that is expected to affect 13 plants and 2,800 employees. The Troy-based company said the 400,000-square-foot Mexican plant will provide additional capacity for axle and brake assembly operations and parts manufacturing.
Source: Associated Press
