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 Corporate - Announcements
ZF Steering shuts factory for 8 days

Coimbatore, Dec. 19

ZF Steering Gear India Ltd has said that in view of the recession in automobile industry, particularly in commercial vehicles, resulting in poor inflow of orders, poor capacity utilization of the plant and piling up of finished goods inventory, the management has decided to close its factory as well as office from December 25, 2008 to January 1, 2009.

– Our Bureau

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