DURA To Close Four Plants

Four plants in Ind., Ontario, Mo., and Pa will be closed due to a restructuring plan, with additional consolidation announcements planned for the third quarter 2007.

DURA Automotive Systems, Inc. said Tuesday that it will close four manufacturing facilities as part of a restructuring program.

The four plants scheduled to close are Brownstown, Ind; Bracebridge, Ontario; Hannibal South, Mo; and Selinsgrove, Pa.

The restructuring program was launched in February 2006 and is expected to result in the idling of 10 DURA facilities by the end of 2007. The company expects to make additional consolidation announcements in the third quarter of 2007.

Production at the Brownstown plant is expected to cease by year-end 2007 and operations will be moved to Matamoros, Mexico. The Bracebridge plant will cease production in October 2007 and manufacturing will be moved to Gordonsville, Tenn. and Stockton, Ill. Operations at Hannibal South will be transferred to Milan, Tenn. and the plant will close by the end of September 2007. The Selinsgrove plant will close by the end of May 2007 and production will be moved to Elkhart, Ind.

Separately, the company also announced its plan to sell its jack businesses and its hinge and latch business. That sale will include the DURA facilities in Butler, Ind. and Mancelona, Mich.

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