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Non-Tech : Delphi Automotive Systems (DPH) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (284)1/31/2002 1:16:53 PM
From: JakeStraw  Read Replies (1) | Respond to of 397
 
Delphi's Bochum, Germany Facility Closed
Facility is the eighth of nine announced for closure by end of Q1 02
biz.yahoo.com
TROY, Mich., Jan. 31 /PRNewswire-FirstCall/ -- Delphi Automotive Systems (NYSE: DPH) has closed its Bochum, Germany production facility, in-line with its March 2001 restructuring plans to close nine facilities, consolidate activities at 40 others and reduce its global workforce by 11,500.

(Photo: newscom.com )
This action is part of the company's on-going efforts to transform its organization through aggressive portfolio management and organizational streamlining. The closure of the Bochum facility is the eighth of the nine facilities targeted to close as a part of the restructuring plan.