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AMC Plans Sale of Kelvinator and Redisco Divisions
Ward's reports AMC plans to divest Kelvinator and Redisco to focus on automotive products. Complex sale could include Detroit properties with the main admin staying in Detroit and engineering and styling moving to Kenosha Wisconsin. Negotiations underway with several large diversified firms as potential buyers.
MENTIONED IN THIS ARTICLE
Detroit
Ward
American Motors Corp
Kelvinator Land Redisco
AMC
Auto Industry Statistical Publication
American’ Motors
Kenosha
Wis
Kelvinator
Grand Rapids
Mich
Redisco, Inc
American Motors
Ward's
Redisco