Delphi to close Wis. plant |
|
|
|
Published
:
Thu, 13 Sep 2007 17:45
|
OAK CREEK, Wis. (AP) - Delphi Corporation has told the state it expects to close its powertrain-systems plant in Oak Creek by the end of the year, laying off about 200 employees.The layoffs include mostly manufacturing positions and are expected to be permanent.The auto-parts supplier is based in Troy, Michigan. It used to be part of General Motors Corporation before it was spun off as a separate company in 1999.Delphi had filed for Chapter 11 bankruptcy in 2005. But last week it filed a reorganization plan with a federal bankruptcy court that would enable it to leave bankruptcy protection by the end of the year.Oak Creek is about 15 miles south of downtown Milwaukee.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|
|
|
|
| Stock
Quotes * |
|
NASDAQ
|
|
1445.56 |
-46.82 (
-3.19 %)
|
| SYMBOL (
2008-12-05 ) |
| LAST |
CHANGE
|
|
SHIRE
(
7:44am )
|
|
954.00 |
+26.00 (
2.80 %)
|
| SYMBOL (
2008-12-04 )
|
| LAST |
CHANGE
|
|
DUPONT
(
4:01pm ) |
|
23.69 |
+0.08 (
0.36 %)
|
| SYMBOL (
2008-12-04 )
|
| LAST |
CHANGE
|
|
|
Print this Story
Delphi to replace Spanish factory with new Moroccan plant - report 