Ford says it has reached deal to sell Milan plant
BY BRENT SNAVELY
DETROIT FREE PRESS BUSINESS WRITER
Ford said Wednesday it has reached an agreement to sell its Milan plant to Inergy Automotive Systems, a subsidiary of auto parts-maker Compagnie Plastic Omnium.
Under the deal, Inergy plans to move the plant's fuel tank operations and many of its employees to a new plant.
The plant, which employs about 500, was part of Visteon when Ford spun off its parts division in 2000. Then, the plant was among the 23 plants that Ford agreed to take back in 2005 under a business named Automotive Components Holdings.
Since then, Ford has been trying to either sell or close those plants. A tentative deal to sell the Milan plant to Flex-N-Gate fell through in 2009.
"We are delighted to announce the sale of our blow-molded fuel tank business to Inergy," said Mark Blair, president and CEO, ACH. "This is another important step in our strategic plan for Automotive Components Holdings, and it is a great opportunity for the employees at Milan."
Glad I got these photos last fall:
![Image](http://railroadfan.com/gallery/albums/userpics/10012/CR_28NS29_5346_Milan_L60_ACH_Spur_11-11-2010_D.jpg)
![Image](http://railroadfan.com/gallery/albums/userpics/10012/CR_28NS29_5346_Milan_L60_ACH_Spur_11-11-2010_B.jpg)