DETROIT -- Delphi Corp. said last week that it had completed the sale of its New Brunswick, N.J., battery plant to Johnson Controls Inc.
Johnson Controls will continue to employ about one-third of the hourly work force, or about 100 people. The plant sale was the last step in the two-stage global battery business sale announced by Delphi and Johnson Controls in July 2005.
Johnson Controls originally agreed to buy most of Delphi's global battery assets for $202.5 million in June 2005. But then the suppliers squabbled in court over the following months because of union issues, which delayed the sale. On June 26, 2006, U.S. Bankruptcy Judge Robert Drain approved a plan to sell the New Brunswick plant.