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03 Oct
14:34

Bekaert reaches agreement to close Italian wire plant

Bekaert has come to an agreement with Italian authorities to terminate production at its tyre reinforcement wire mill located in Tuscany, Italy, Kallanish learns from a statement from the Minister for Economic Development. The plant will cease production at the end of the current year. The authorities will then search for an investor for the unit, having agreed with Bekaert a series of incentives for a new potential owner of the pla…
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