Brief: Commercial Vehicle Group Announces Plant Consolidation To Optimize Cost Structure And Enhance Aftermarket Growth

Commercial Vehicle

15/07/2020 21:11

July 15 (Reuters) - Commercial Vehicle Group Inc  CVGI.O :
    * COMMERCIAL VEHICLE GROUP ANNOUNCES PLANT CONSOLIDATION TO
OPTIMIZE COST STRUCTURE AND ENHANCE AFTERMARKET GROWTH
    * COMMERCIAL VEHICLE GROUP - WILL PROVIDE ASSISTANCE TO
AFFECTED
EMPLOYEES INCLUDING RETENTION BENEFITS, OPPORTUNITIES TO
TRANSFER TO OTHER CVG FACILITIES
    * COMMERCIAL VEHICLE GROUP - WORK PERFORMED AT PIEDMONT
FACILITY
WILL BE TRANSFERRED TO COMPANY'S MANUFACTURING AND DISTRIBUTION
FACILITY IN VONORE
    * COMMERCIAL VEHICLE GROUP INC SAYS VONORE WILL BECOME NEW
HEADQUARTERS FOR CVG'S COMMERCIAL VEHICLE AFTERMARKET BUSINESS

Source text for Eikon:  ID:nPn7NnYJa 
Further company coverage:  CVGI.O 

 ((Reuters.Briefs@thomsonreuters.com;))