Federal-Mogul sells plant to Miba AG
DETROIT - Federal-Mogul Corp. said it will sell an industrial bearings plant in McConnelsville, Ohio, to Miba AG of Laakirchen, Australia. Terms of the deal weren't disclosed.
The plant makes bearings for aircraft gearboxes, locomotives, large engines and compressors. The plant has about 270 workers and posted sales of $33 million in 2000.
Miba makes engine bearings and automotive components.
JCI to boost minority buys
MILWAUKEE - Johnson Controls Inc. is boosting its buying from minority-owned firms and other diverse suppliers, aiming to double its purchases within two years.
The company, which includes an automotive interiors unit in Plymouth, Mich., purchased $465 million worth of goods and services from companies owned by minorities, women or veterans last year, as well as those designated by the government as small or disadvantaged businesses.
Johnson Controls will top $500 million in those purchases this year and aims to hit $1 billion by 2003, said Larry Alles, general manager of purchasing worldwide for JCI in a July 10 announcement.
Lear saves jobs
OFFRANVILLE, France - Lear Corp., as part of an agreement with the French government, will produce door panels at its 129,000-square-foot Offranville plant.
The decision was made to salvage 200 jobs lost last year after Lear relocated its wire-harness production to other European countries.
Lear employs more than 1,000 people in France.
Gentex ships to Toyota
ZEELAND, Mich. - Gentex Corp. has begun shipping interior automatic-dimming rearview mirrors to Toyota Motor Corp. The mirrors are built for installation in the Toyota Camry and Lexus ES 300 models.
Gentex produces and markets electro-optic products for the worldwide automotive market.
Hayes Lemmerz signs deal
DETROIT - Hayes Lemmerz International announced a long-term contract to supply Skoda with steel wheels.
The wheels will appear on the Skoda Fabia and are produced in Hayes Lemmerz's European manufacturing plants.
Hayes Lemmerz, of Northville, Mich., supplies wheels, brakes, suspension, powertrain and other components for the auto industry.