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Automotive Industry
Industry: Email Alert RSS FeedStrong local currency forces TRW to make Czech cuts.(Suppliers)
Automotive News Europe, December, 2002
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Byline: Lyle Frink Automotive News Europe
US supplier TRW is restructuring its body-control systems operations in the Czech Republic by shutting at least one facility and scaling down others.
The changes directly affect TRW Autoelectronika in Benesov, southeast of Prague. The company manufactures plastic switches and is part of the Body Control Systems division of TRW Automotive, headquartered in Livonia, Michigan.
"The decision is due to conditions in the auto industry and the appreciating value of the Czech crown," said TRW spokesperson Jirina Ledvi-nova. ...
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