International Automotive Components Group North America says it will close its manufacturing plant in Edinburgh by the second quarter of 2008. The move will put about 400 people out of work. A source familiar with negotiations tells Inside INdiana Business the decision is a result of an "overcapacity issue" at the Johnson County plant, which supplies injection molded components to General Motors and Chrysler.
Tuesday, October 2, 2007
Int'l Automotive Components to shutter Edinburgh plant
Inside INdiana Business reports on an Edinburgh plant closing that will result in 400 layoffs by the second quarter of next year: