ArvinMeritor to Close Fairfield, Iowa, Facility
8 December 2000
ArvinMeritor to Close Fairfield, Iowa, FacilityTROY, Mich., Dec. 7 ArvinMeritor, Inc. today announced its decision to close its Fairfield, Iowa, manufacturing facility. The company cited weakened demand, its strategy to divest non-core business, as well as required investments in tooling and equipment at the facility as reasons for the decision. The Fairfield facility manufactures marine and construction driveshaft components and assemblies and employs approximately 265 people. On-highway driveline products will continue to be produced at regional Customer Value Center plants. The Fairfield plant is scheduled to close in late summer 2001. Upon recently announcing the possibility of closing the Fairfield facility, the company held discussions with union representatives and local business leaders about the identified closure rationale. Since these meetings did not provide viable alternatives, the company made the final decision to close. Tom Gosnell, president, Commercial Vehicle Systems, said the company will provide plant employees with outplacement assistance, and he acknowledged the quality work and dedication employees have contributed. "Decisions like these are never easy. A careful review of business conditions and industry dynamics relative to our core strategy made it clear we needed to make necessary adjustments to protect our ability to remain competitive," Gosnell said.