Tecumseh To Halt Engine Manufacturing In Italy
Tecumseh Products Co. said it will cease engine manufacturing at its Tecumseh Europe S.P.A. unit,
"Although, we regret having to cease our Engine & Power Train Group activities in
The shutdown is part of a performance improvement program for Tecumseh's Engine & Power Train Group. In August 2005, Tecumseh engaged Alix Partners to accelerate the implementation of the Engine & Power Train Group's performance improvement plan. Losses attributable to these European operations were approximately $6.5 million in 2005.