Date: 2013-08-01

ACL Bearing Company Announces Its Restructuring Plan

ACL Bearing Company Announces Its Restructuring Plan

This afternoon at Rocherlea at a meeting with all employees of ACL Bearing Company, the chairman and chief executive of ACL, Ivan James, announced a wide-ranging restructuring plan for the business. The new plan is focused on improving the competitiveness and profitability of the Company to ensure its long-term viability.

Mr James said,

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