A regional commercial court in France has secured the future of the ARGO Group’s St. Dizier transmission manufacturing and assembly plant by accepting a plan that moves it out of “administration” and back into private ownership.
The successful proposals from YTO Group of China will not only see transmissions assembly continue at the plant but also the re-introduction of tractor assembly. International Harvester last built tractors in the factory in the late 1980s.
According to…
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