ArvinMeritor to Close Facility in Gordonsville, Tenn.
ArvinMeritor to Close Facility in Gordonsville, Tenn.
ARVINMERITOR LOGO
ArvinMeritor logo. (PRNewsFoto)[AG]
TROY, MI USA 05/24/2001
TROY, Mich., Jan. 21 ArvinMeritor, Inc. today announced it would close its Light Vehicle Systems (LVS) Apertures facility in Gordonsville, Tenn., by August 2003. The closure is the result of overcapacity in the North American passenger car supplier market and part of the company's overall efforts to cut costs, as well as to maintain its leadership position in a highly competitive industry. (Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO ) The Gordonsville facility employs 317 full-time people and is a producer of window regulators and sunroof systems. Operations based in Gordonsville will be transferred to ArvinMeritor locations in Detroit, Mich., Marion, S.C., Franklin, Ind., and Queretaro, Mexico. There will be no disruption in service to ArvinMeritor customers. "Actions such as these are never easy to take, but are necessary because of the highly competitive nature of the automotive industry," said Steve Scgalski, vice president, Operations, LVS Americas. "We must take these steps to balance our production capacities with our customer needs." Employees were advised of the closure today, during a meeting at the facility. ArvinMeritor has contracted with "The Transition Team," an outplacement services firm, who will be on site for the duration of the plant closing. In addition to offering employees a two-day job search seminar, resume counseling and training on interviewing skills, the firm will provide financial counseling, employee assistance program services, and relocation counseling assistance, as necessary. ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves light vehicle, commercial truck, trailer and specialty original equipment manufacturers and related aftermarkets. In addition, ArvinMeritor is a leader in coil coating applications. The company is headquartered in Troy, Mich., and employs 32,000 people at more than 150 manufacturing facilities in 27 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, visit the company's Web site at: http://www.arvinmeritor.com .