BRIEF-Volvo Group to close plant in Japan

Fri Jan 11, 2013 10:04am EST

Jan 11 (Reuters) - Volvo AB : * Consolidation of the Volvo Group industrial operation in Japan * Says in May 2013 the Ota remanufacturing plant will be closed and the operation moved to Ageo * Says in total, costs corresponding to SEK 280 M related to these activities will be recorded in the fourth quarter of 2012, affecting the truck segment (Reporting by Stockholm newsroom)

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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