Tenneco Inc. (NYSE:TEN) announced today its intention to discontinue its Marzocchi motor bike fork suspension business and its mountain bike business, and liquidate its Marzocchi operations.
These actions are subject to a consultation process with the employee representatives and in total would eliminate approximately 138 jobs.Tenneco currently employs 127 people at the Marzocchi plant in Bologna, Italy and an additional 11 people in its operations in North America and Taiwan.
From the unchained environment of Mazda Raceway Laguna Seca, where performance is the sole consideration for victory in our 2015 Six-Way Superbike Track Shootout, we move to the confines of public roadways to determine which superbike renders the best street-legal exhibition. As tight as our track test results were, the street shootout was just as close with a half-percent separating second from first place.