Tenneco to Restructure North America Ride Control Operations
Tenneco Inc. Class A Voting (TEN)
Last tenneco inc. class a voting earnings: 2/20 06:00 am
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Source: Business Wire
Company announces intention to realign manufacturing capacity and close manufacturing plants in Owen Sound, Ontario and Hartwell, Georgia LAKE FOREST, Ill.--(BUSINESS WIRE)-- Tenneco Inc. (NYSE: TEN) announced today it will close its original equipment (OE) ride control plants in Owen Sound, Ontario and Hartwell, Georgia as part of an initiative to realign its manufacturing footprint to enhance operational efficiency and respond to changing market conditions and capacity requirements. The company expects to begin transferring current customer business primarily to its ride control facility in Kettering, Ohio, later this year. Tenneco expects to complete the closure of the two facilities near the end of the second quarter of 2020. “Today’s actions to realign our North American ride control operations will strengthen our long-term competitiveness in this critically important region,” said B
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