Saturday, August 25, 2007

Ford Sells Michigan, Mexico Plants


Ford Motor Co. announced that it has entered into agreements with two companies to sell Michigan and Mexico auto parts plants.

The companies are Flex-N-Gate Corp. and Cooper-Standard Automotive Inc. The former is a privately held manufacturing company based in Urbana, Illinois. It has agreed to purchase the operation in Milan, about 35 miles southwest of Detroit. The plant is utilized by the automaker in the production of automotive grills and bumpers. According to the automaker, the auto parts plant includes salaried employees leased from Visteon Corp. and United Auto Workers union hourly employees leased from Ford.

Meanwhile, Cooper-Standard Automotive Inc., headquartered in Novi, agreed to purchase the Jarudo auto View the rest of this article


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