Delco Remy International is to acquire the North American remanufacturing business
of Mazda North American Operations (MNAO).

The business, located in Jacksonville, Florida, is responsible for the remanufacturing
of automatic transmissions, transaxles and rotary engines, for Mazda’s service
requirements in North America.

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The Jacksonville facility employs approximately 70 people who are expected
to be retained by Delco Remy once the sale is complete.

As part of the sale, Delco Remy will acquire all of the assets of the Jacksonville
facility from MNAO and will continue operations.


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The
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PriceWaterhouseCoopers
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