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Business Digest

Wednesday, February 17, 2010

REGION

Employees: Denman Tire laid off, stopped production

LEAVITTSBURG — Workers at Denman Tire say the 91-year-old tire maker stopped production two weeks ago and laid off most of its workers. The workers, who did not want to be identified, said they were unsure when they’d be called back.

Company officials and union leaders could not be reached to comment.

Sandy Pensler, who owns the business, said a year ago that Denman Tire was losing money and might have to close. He was seeking either government funds or purchases to turn the business around. Denman Tire employs 270 people when at full production.

NATION

Ford to cut 900 jobs at plant that makes Mustang

DETROIT — Ford Motor Co. said Tuesday that it plans to cut 900 workers at the Michigan plant that makes the Mustang, after slow sales last year due to the tough economy and competition from the new Chevrolet Camaro.

Ford will cut shifts from two to one in July at the AutoAlliance International plant in Flat Rock, Mich. The plant, which is jointly owned with Mazda Motor Corp., also makes the Mazda6 midsize sedan.

The plant employs nearly 2,300 people. Most of the layoffs will be hourly manufacturing workers, but salaried staff also will be cut, Ford spokeswoman Marcey Evans said.

Vindicator staff/wire reports