Thyssenkrupp to close Indiana automotive site
18/05/2026 06:36
May 18 (Reuters) - German industrial conglomerate Thyssenkrupp TKAG.DE will close its production site in Terre Haute, Indiana by end-March next year under an overhaul of its automotive unit, the company said in a statement on Monday. Its chassis business will be focused at its facility in Hamilton, Ohio, the company added. The Terre Haute site, which currently employs around 320 people, will be phased down in an orderly manner, Thyssenkrupp said. (Reporting by Bernadette Hogg) ((bernadette.hogg@thomsonreuters.com))