DEARBORN, Mich. (Dec. 21) — Ford Motor Co. and Cooper-Standard Automotive reached a tentative agreement for Cooper-Standard's purchase of the Automotive Components Holdings' fuel rail manufacturing operations at its El Jarudo, Mexico, plant.
The plant employs about 500 and is a producer of automotive fuel rails. It is part of Automotive Components Holdings, a Ford-managed temporary company formed in 2003.
"This transaction provides the ability to expand our product offering with fuel rails," said Larry Beard, president of Fluid Systems for Cooper-Standard. "The layout of the facility gives us the opportunity to optimize our manufacturing in North America and further enhance our competitive position."