Automotive and US: New Lear plant, closing and acquisition for Adient

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Lear has confirmed the intention to build a new interior plant in Flint, Michigan. The project, with a $ 28 million investment and 435 planned hires, aims to break down the logistics costs associated with supply to General Motors. Since 2009, the automotive company that owns Flint has invested more than 2.8 billion dollars in the creation of a production chain (as much as possible) per kilometre zero. Adient, meanwhile, has decided to close the Auburn Hills plant, in Michigan, by March next year, shifting production to Detroit and mobilising 129 employees to whom it has been proposed to transfer to other sites. North American manoeuvring does not stop there. The group, which was formed last October by a Johnson Controls spin-off, has signed an agreement to acquire Futuris Group, a company specialising in the design and manufacturing of car interiors and electronic systems, which has 15 plants in the USA, Canada and China. The value of the transaction, which should be closed in late September, is $ 360 million.

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