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Electronics Production | March 24, 2009

Stoneridge Electronics to cut 89

US based maker of automotive parts, Stoneridge Inc. is cutting down the work force at its European subsidiary Stoneridge Electronics.

Stoneridge Electronics is scaling back its operation at two of its plants in Sweden. 31 blue collar workers in Oerebro and 58 white collar workers in Stockholm will be removed, local media reported Tuesday. The reason is falling demand within the automotive industry.
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