Lubrizol Corp. announced Monday that it will close its manufacturing plant in Bromborough, England, within two years in a cost-trimming measure. The plant employs 69 people, some of whom will be offered jobs elsewhere.
The Bromborough plant makes engine oil additives, as well as fuel additives and specialty monomers. Lubrizol, which is based in Wickliffe, Ohio, stated those operations will be transferred to facilities in France and Texas with higher capacity. Management said the change will save the company $10 million per year, beginning in 2007, although the plan also entails a variety of one-time expenses.
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