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Tecumseh Products Company Announces Operational Actions and Selected Staff Reductions.
PR Newswire
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April 27, 2007
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COPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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TECUMSEH, Mich., April 27 /PRNewswire-FirstCall/ -- Tecumseh Products Company (Nasdaq: TECUA; TECUB) ("Tecumseh" or the "Company") today announced that, to further improve the Company's operating efficiency and help position it for a return to profitability, it is downsizing certain of its non-core operations and eliminating a total of approximately 310 associated positions.
The actions will simplify the Company's management structure and eliminate duplicative and unnecessary activities. The moves include trimming staff at seven North American facilities and one in ...
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