Commercial Vehicle Group, Inc.
CVGI, a leading supplier of fully integrated system solutions for
the global commercial vehicle market, today announced the Company's plans to
permanently close its wire-harness assembly facility located in DeKalb,
Illinois.
The work currently being performed at DeKalb will be transferred to CVG
facilities in Edgewood and Monona, Iowa. Seventy-five employees will be
impacted by this closure, which is expected to be completed during the third
quarter of 2013.
Kevin R.L. Frailey, President & General Manger of Electrical Systems for CVG
stated, "To remain competitive, we continually evaluate CVG's manufacturing
footprint based on changing customer demand and industry trends. As a result,
we are realigning our North America wire-harness capacity and consolidating
our North American footprint from five to four wire-harness facilities."
"We regret having to close our DeKalb facility and understand the impact this
action will have on our employees and their families. However, following a
long-term, extensive analysis of our business and changing customer needs, it
is a step we have to take to keep CVG an efficient and cost-effective
competitor in an evolving global economy," Frailey said.
About Commercial Vehicle Group, Inc.
Commercial Vehicle Group is a leading supplier of a full range of cab related
products and systems for the global commercial vehicle market, including the
heavy-duty (Class 8) truck market, the construction, military, bus and
agriculture markets and the specialty transportation markets. The Company's
products include static and suspension seat systems, electronic wire harness
assemblies, controls and switches, cab structures and components, interior
trim systems (including instrument panels, door panels, headliners, cabinetry
and floor systems), mirrors and wiper systems, specifically designed for
applications in commercial vehicles. The Company is headquartered in New
Albany, OH with operations throughout North America, Europe, Asia and
Australia. Information about the Company and its products is available on the
internet at www.cvgrp.com.
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