Business Services Industry
This Just In.(Plastech Engineered Products Inc. to acquire Johnson Controls Inc.'s interior trim business)(Cerberus Capital Management L.P. lead bidder for Collins & Aikman Corp.)(Bill & Melinda Gates Foundation awards Fraunhofer USA)
Crain's Detroit Business, December, 2006 by Shea, Bill
Plastech in talks to add new work from JCI Plastech Engineered Products Inc. is in talks to obtain large new automotive interior trim business next year from interiors supplier Johnson Controls Inc. Johnson Controls is the last of the giant interior suppliers to distance itself from the interior trim business, which has become largely unprofitable.
Jeff Williams, group vice president for Johnson Controls, acknowledged the talks with Plastech, a minority-owned supplier in Dearborn. In a statement to Crain's sister publication Automotive News, he said, "It would be premature to comment on what these scenarios might be.'' Plastech CEO Julie Brown declined by e-mail to discuss the negotiations, except to say they do not involve the sale or transfer of...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
