Collins & Aikman announces two Ontario plant closures
Canadian PlasticsCanadian Plastics
Auto parts maker Collins & Aikman Corp. will lay off about 525 employees when it closes two Ontario plastics produc...
Auto parts maker Collins & Aikman Corp. will lay off about 525 employees when it closes two Ontario plastics production facilities by the end of March.
The auto parts maker, based in Southfield, Mich., will cut 125 jobs at its facility in Gananoque, Ont. at the end of February, and another 400 at a plant in Toronto at the end of March.
Both of the plants manufacture plastic trim parts, according to company spokesman David Youngman.
Collins & Aikman is operating under Chapter 11 of the U.S. bankruptcy code, but its Canadian units were not placed in bankruptcy protection.
The two trim plants are being closed because of issues related to the restructuring of Collins & Aikman and its emergence from bankruptcy protection, Youngman continued.
Collins & Aikman employs about 14,000 people at production plants throughout North America.