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MISSISSAUGA, ONTARIO (Nov. 3, 4 p.m. ET) -- Woodbridge Form Corp. will close one of its auto parts plants, two years after the plant had received a reprieve from previous closure plans.
The Corunna, Ontario, plant now employs 75 people and slowing auto production numbers prompted the Mississauga-based firm to shut it down, according to a Nov. 2 announcement.
Woodbridge had planned to close the plant in 2007 — when it employed nearly 190 people — but changed its plans when members of the Canadian Auto Workers union agreed to new concessions.
Woodbridge makes a variety of foam products, including expanded foam energy absorbers used in bumpers and seat foam.
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