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TI Fluid Systems to close Ligonier plant by H1/2025

TI Fluid Systems plc. (TI Fluid Systems) announced the closure of its Ligonier manufacturing site in Indiana, U.S., expected by H1/2025. This was due to the decline in the local Powertrain business, which was acquired through the purchase of Millennium Industries Corporation in 2016. (From a press release dated March....

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