Federal-Mogul Closing Another PlantPosted: Updated:
Federal-Mogul Corp. (Nasdaq: FDML) is planning to shut down a Noble County facility. In a notice to the state, the company says it will cease operations at its Avilla plant in October. The move will affect nearly 100 employees. The plant makes lighting components for the automotive industry.
Federal-Mogul says the move is a response to "changing market dynamics" and a need to "improve capacity utilization" of lighting operations.
You can read the full notice to the Indiana Department of Workforce Development by clicking here.
In 2012, the company pulled out of Michigan City as part of a consolidation effort that sent work to Mexico.
Sources: Indiana Department of Workforce Development, Federal-Mogul Corp.