Press Release:

 

International Automotive Components announces restructuring in Sweden

Gothenburg, September 1, 2008 - Due to a decline in orders, IAC Group, with approximately 1,700 employees in Färgelanda, Gothenburg, Skara, Tidaholm and Trollhättan has been forced to leave notices of dismissal. Negotiations with union representatives will begin immediately. Approximately 280 people will be affected.

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