JUNE 14, 2006 - Posted at 7:46 a.m. CST
MARKED TREE, AR - The Airtex Products plant in Marked Tree is to eliminate 120 of 320 jobs. The company says it will move the positions to a plant in Ohio.
The plant produces water pumps for automobiles. Production of pumps made for sale in auto parts stores will be moved to a newer plant in Ohio. Pumps made at Marked Tree as original equipment will continue production.
The Airtex plant is owned by United Components, Inc., based in Indiana. United is owned by a private equity firm.
The company says the 120 jobs in Marked Tree will be cut by the end of the year.