Delphi Move To Michigan Lone Bright Spot to Troubled OEM
Delphi, the bankrupt original equipment manufacturer (OEM) parts supplier once a part of General Motors, will be consolidating seven research and development centers into one and will place that center in Auburn Hills, Michigan.Since filing for bankruptcy in 2005, Delphi has been going through a major restructuring that demands the closing of 21 of the company’s 29 U.S. plants. The company has already dropped as many as 20,000 hourly jobs and thousands of salaried jobs. The consolidation will include the closing of Delphi research centers in Brighton, Flint, and Shelby Township as well as three centers in Troy, Michigan. A center in Downers Grove, Illinois will be shut down as well. When the dust clears, Delphi expects to save $123 million and cut about 57 jobs over a 10 year period. About 1,400 workers will be assigned to the new facility. The company currently has 32 research centers worldwide. It is believed that most of the job cuts will come through unfilled positions and retirements. Via Detroit News
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