TRICO Products Corporation to Relocate Buffalo Headquarters to Michigan
18 March 1998
TRICO Products Corporation to Relocate Buffalo Headquarters to MichiganEvaluation to be Conducted to Determine Viability Of Buffalo Manufacturing Operations BUFFALO, N.Y., March 18 -- TRICO Products Corporation today announced that its headquarters will be relocating to Rochester Hills, MI. The headquarters' office is expected to be relocated by the end of the year, except for the MIS function which will be relocating throughout 1999. TRICO officials also announced that an evaluation would be conducted to determine the long-term viability of the Buffalo manufacturing operations. "Despite the long and mutually beneficial relationship between the city of Buffalo and the Western New York community, we feel the efficiencies and economics that come with consolidating our corporate resources make this a prudent and necessary decision," said Patrick DiNicola, vice president, finance, TRICO Products Corporation. The decision to relocate headquarters does not impact the approximately 200 UAW manufacturing jobs currently in Buffalo. However, DiNicola said that TRICO is making a thorough evaluation of its Buffalo manufacturing operations. The company will be assessing such factors as overhead, excess capacity and other operating costs and issues. DiNicola also added that the evaluation could result in the closing of the Buffalo manufacturing operations as well. TRICO Products Corporation is one of the world's leading manufacturers of windshield wiping systems, windshield wiper blades and refills, with one or more of TRICO's products used on 75 percent or more of original equipment models in North America. SOURCE TRICO Products Corporation