JUST IN: Meridian pulls out of ACH deal

SANDUSKY A potential buyer of a local automotive facility announced today it will no longer consider
Sandusky Register Staff
May 24, 2010

SANDUSKY

A potential buyer of a local automotive facility announced today it will no longer consider acquiring the plant.

Meridian Automotive Systems terminated a memorandum of understanding it reached last year with Automotive Components Holdings and Ford Motor Co.

The non-binding agreement outlined plans for Meridian to acquire the Sandusky plant.

ACH spokeswoman Della DiPietro said the announcement will not affect the contract reached earlier this week between ACH and the UAW Local 1216. At this time, she said, no other buyers have been identified for the plant.

Learn what this means for the plant and community in Friday's Register.