Michigan Firm Hopes to Buy Iowa Plant

Summary


MOUNT PLEASANT, Iowa (AP) - A Michigan company has announced plans to buy a Mount Pleasant factory that is scheduled to close this year, but there is a hitch.

Sparton Corp. needs Toronto-based Celestica to keep its plant in southeast Iowa open for a year so it can build up defense and commercial contracts that would support the factory and its 340 workers.

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Extract


Michigan Firm Hopes to Buy Iowa Plant

The plant makes electronic components for Motorola radios.

David Hockenbrocht, Sparton's ch...

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