Automotive Supplier Federal-Mogul Closes Pennsylvania Facility

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Researched by Industrial Info Resources (Sugar Land, Texas)--Automotive supplier Federal-Mogul Corporation (NASDAQ: FDML) (Southfield, Michigan) is planning to close an automotive headlamps manufacturing facility in Boyertown, Pennsylvania, by the end of the year.

As part of the company's efforts to streamline operations due to a struggling auto industry, the Boyertown Plant, which was founded in 1954, is expected to close sometime in the fourth quarter. Approximately 70 jobs will be lost. The plant manufactures automobile headlamps, as well as lighting for other industrial and commercial applications. Employees are being given the opportunity to continue working for Federal-Mogul at other locations. The company is discussing plans to close other facilities as part of the same restructuring.

Federal-Mogul Corporation was founded in 1899 as the Muzzy-Lyon Company. They are publicly traded and consist of 43,000 employees in 34 countries worldwide. The are a supplier of powertrain and safety technologies, service the original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, marine, rail, off-road and industrial vehicles, as well as the worldwide aftermarket. In 2009, the company included revenues of $5.3 billion, with an operating income of $145 million.

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