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Article: Oxford Unveils Restructuring Plan That Focuses on European Operations; * Restructuring Around Growing European Business * McCalla, Alabama Facility Sold * Negotiations Ongoing for Other U.S. Facilities * U.S. Subsidiaries Named in Chapter 11 Filing.
- Article from:
- PR Newswire
- Article date:
- December 7, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TROY, Mich., Dec. 7 /PRNewswire/ -- Oxford Automotive announced today a comprehensive fully funded restructuring plan for both its U.S. and European operations. The goal of this restructuring plan is to maximize the value of its U.S. operations while enabling Oxford to continue to focus on its successful European operations, which have exhibited strong profitability over the last several years and have a solid book of business. European operations, headed by Herve Guillaume, consist of stamping and assembly operations in France and Germany, and mechanisms operations in France and Turkey.
"Oxford's European operations have performed admirably despite difficult ...
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Article: CANANDAIGUA WINE COMPANY ANNOUNCES RESTRUCTURING OF CALIFORNIA ...
PR Newswire;
September 7, 1994 ;
700+ words
... ... of its California wineries. The restructuring plan focuses on consolidation and redeployment ... fiscal year, the Company expects the restructuring plan, net of related expenses, to result ... Company further expects to have the restructuring plan fully implemented by the end of fiscal ...
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