Federal-Mogul Sells Connecting Rod and Camshaft Business
July 2, 2013
July 2, 2013—Federal-Mogul Corporation's Powertrain Segment announced this week that it has agreed to sell its connecting rod and camshaft business to JD Norman Industries.
The sale involves Federal Mogul's sole connecting rod machining plant, located in southwestern Ontario, Canada, and only camshaft foundry, located in Lydney of the United Kingdom.
As part of the agreement JD Norman Industries will continue to employ Federal-Mogul's current 230 associates working in these two facilities.
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