Tenneco Says It Close Sweden Manufacturing Plant

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Tenneco Inc.
TEN
announced today that it intends to close its emission control plant in Vittaryd, Sweden in response to weak market conditions throughout the European region, which have negatively impacted the company's aftermarket emissions control sales. “We sincerely regret the impact this action will have on our employees at Vittaryd,” said Hari Nair, chief operating officer, Tenneco. “However, declining market conditions require that we consolidate our aftermarket emission control capacity in Europe, which will better align our production with the market and help strengthen our long-term competitiveness.”
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