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Non-Tech : IMPCO Technologies (IMCO), formerly AirSensors (ARSN) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (62)3/4/1998 12:43:00 PM
From: Jim Oravetz  Respond to of 298
 
Follow up on previous post.

This was extracted from a WSJ article today. Looks like I was right about the recruitment of Echlin employees.

"As part of a restructuring under way before the SPX bid was announced, Echlin said it would shed about 1,200 workers, or 4% of its work force. SPX has said it would cut Echlin's work force by 10%, or about 3,000 workers world-wide, if its takeover bid is successful."

Jim