30-06-2025
Japanese auto supplier Musashi to close two plants in Germany, reports Wiwo
BERLIN, June 30 (Reuters) - Japanese automotive supplier Musashi (7220.T), opens new tab plans to close two plants in Germany and reduce its headcount at a third, German business news outlet WirtschaftsWoche reported on Monday, citing company sources.
The firm will close the plants in the central German towns of Hannoversch Muenden and Leinefelde, while the plant in Luechow will operate with significantly fewer staff, the outlet reported.
Several hundred employees will be affected by the measure, it added.
