Kongsberg Automotive announces restructuring of North American operations

Kongsberg, Norway - Kongsberg Automotive, a global supplier of automotive, commercial and industrial products, today announced that they are restructuring their Interior Systems operations in North America.

Production at their Westland, Michigan facility will be transferred to an existing plant in Mexico.

The Westland facility today produces lumbar support assemblies for the automotive market.

This production will be transferred to the Kongsberg Automotive facility in Reynosa, Mexico. The Westland facility is expected to close in the autumn of 2008.

Another restructuring project is to transfer the current production of Interior Systems parts from Willis Texas to the Kongsberg Automotive plant in Matamoros Mexico. This is also scheduled to be completed during 2008.

All together 120 people are affected by this transfer. The Willis plant will however continue manufacturing of other products within the Kongsberg Automotive portfolio.

"This restructuring will better align us to market needs and improve our overall competitiveness" said Olav Volldal, CEO Kongsberg Automotive Holding ASA. "Our recent acquisition of Teleflex's GMS Division has created a need for facility consolidations and we are pursuing a low cost footprint in North America."

Courtesy: Kongsberg Automotive, USA




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