The European arm of Collins & Aikman's automotive parts-molding empire already has felt the impact of plant closures and workforce cutbacks.
Since July nearly 200 jobs have been cut and four production units in the Netherlands and England have closed or are being wound down. The European businesses of Collins & Aikman were put up for sale July 29 - two months after the US parent company applied for Chapter 11 protection from bankruptcy.
Collins & Aikman sites that have closed or are closing include the seat-covering factories at Walkden and Carlisle in England, an interiors plant at Deurne in the Netherlands, and the supplier's loss-making unit at Redditch, England, where production is being wound down.
Part of the Redditch business has been bought by Automotive Interiors, with 42 jobs from the original workforce saved.
Administrators from Kroll's Corporate Advisory & Restructur-ing Group are close to selling group operations in Europe.
One firm with an interest in acquiring part of the supplier's European operations is New York-based turnaround specialist W. L. Ross & Co.