Ford Motor Company (F) announced on Tuesday that it has signed an agreement to sell an automotive lighting system manufacturing facility in Sandusky, Ohio, to Meridian Automotive at an undisclosed price.
The plant manufactures headlights, taillights and signal lights for nearly 60% of Ford's North American cars.
In addition to other special closing conditions, the transaction will require a new long-term competitive labor agreement between Ford and the Auto Workers Union (UAW).
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Shenzhen Hongyian Electronics Co., Ltd. , https://www.hongyiancon.com