COZAD, Neb. - Tenneco says it will be closing its plant in Cozad, Nebraska, and moving part of the production there to Hartwell, Georgia.<br />
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Closing the Nebraska will mean eliminating about 500 jobs by the end of next year. <br />
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Tenneco said Tuesday that the production of shock absorbers and other ride-control gear will be moved to plants in Hartwell; Paragould, Ark.; and Celaya, Mexico. <br />
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Tenneco chairman and CEO Gregg Sherrill says the company regretted the closure but he thinks the production consolidation is necessary to strengthen Tenneco's long-term competitiveness. <br />
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He says the Cozad workers will be getting outplacement help. <br />
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Tenneco is based in Lake Forest, Ill. <br />
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In January, the company delayed a closure decision amid the economic uncertainty in the country and the automobile industry. <br />
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