Nexteer Sale To Pacific Century Nears Final Days 11-24-2010 - WNEM TV 5

Nexteer Sale To Pacific Century Nears Final Days 11-24-2010

The sale of Buena Vista Township-based Nexteer Automotive is expected to occur after Thanksgiving.
A source close to the plant told WNEM TV5’s Brian Wood the takeover will happen on Monday, Nov. 29. A small ceremony is being planned.
General Motors Co. sold the plant to Pacific Century Motors, a Chinese company owned by the Beijing municipal government, last July.
When the sale is completed, the city of Beijing will become the largest employer in Saginaw County.
Stay tuned to WNEM TV5 as more information becomes available.
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