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Weak Europe means more plant closures for Federal-Mogul

Federal-Mogul has announced plans to close an unspecified number of plants, mostly in Western Europe, in conjunction with reporting its third consecutive quarterly loss. The supplier has said it will close some sites and downsize others, shifting production primarily from Western Europe to lower-cost facilities in Eastern Europe, Asia and It’s time to log in … Continued

Federal-Mogul has announced plans to close an unspecified number of plants, mostly in Western Europe, in conjunction with reporting its third consecutive quarterly loss. The supplier has said it will close some sites and downsize others, shifting production primarily from Western Europe to lower-cost facilities in Eastern Europe, Asia and

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