Industrial Manufacturing
Tier 1 and 2 Automotive Supplier Announces Ohio Plant Closure
Global Suspension Systems LLC has announced plans to close its automotive manufacturing plant in Bryan, Ohio, by January 31, 2011.
Released Wednesday, December 29, 2010
Researched by Industrial Info Resources (Sugar Land, Texas)--Global Suspension Systems LLC, a subsidiary of Global Automotive Systems LLC (Royal Oak, Michigan) and a tier 1 and 2 supplier of components and assemblies to the automotive, appliance, energy, aerospace, furniture and agricultural industries, has announced plans to close its automotive manufacturing plant in Bryan, Ohio, by January 31, 2011.
The plant currently supplies metal automotive components, primarily for Chrysler vehicles. Approximately 142 employees are expected to lose their jobs. The company listed the reason for the plant closing as a "global optimization strategy to right-size the business." Global optimization means making systems more effective.
Global Suspension Systems LLC has locations in Ontario, Michigan, Kentucky, Mexico and Ohio. The company performs metal forming, welding and assembly operations. Global Automotive Systems LLC is privately owned by Patriarch Partners, a global investment firm.
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