The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador	8/5/2024 3:12:47 AM
	of 13783

A Toyota subsidiary will shut down its largest auto parts plant in the U.S. over concerns about a difficult path to “sustainable profitability.” In a notice posted on its website, Hino indicated that its board of directors elected to “withdraw from the parts business” at the suburban Memphis plant at a May 31 meeting. The facility, which employs some 1,300 workers, is scheduled to shut down by the end of 2027.

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