Auto partsmaker Yorozu has said it will suspend operations at its US plant in Michigan in October in response to the restructuring of major client General Motors.
Auto partsmaker Yorozu has said it will suspend operations at its plant in Michigan in October in response to the restructuring of major client General Motors.
GM plans to shift output of vehicles using suspension parts supplied by the Yokohama-based company from Michigan to Kansas.
Yorozu said it would continue to supply the parts to GM by making them at its plant in Tennessee.
The planned shutdown of the Michigan plant will cost Yorozu JPY900m, the company told Kyodo News, adding the loss would be covered by cost-saving efforts at plants in Japan and other countries.
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