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Article: Tenneco to Close Cozad, Nebraska Manufacturing Plant.
- Article from:
- Telecommunications Weekly
- Article date:
- October 7, 2009
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Tenneco Inc. (NYSE:TEN) announced it will close its original equipment (OE) ride control plant in Cozad, Nebraska as the company continues to restructure its operations globally.
"We sincerely regret the impact this action will have on our employees at Cozad," said Gregg Sherrill, chairman and CEO, Tenneco. "However, we now feel that industry conditions have stabilized enough for us to move forward on our original plans to consolidate our ride control capacity in the United States, which we need to do in order to strengthen our long-term competitiveness in this critically important market."
Tenneco currently employs 460 hourly and 40 salaried workers at ...