Brief: Gentherm Announces Consolidation In North American Manufacturing

Gentherm

05/03/2020 22:48

March 5 (Reuters) - Gentherm Inc  THRM.O :
    * GENTHERM ANNOUNCES CONSOLIDATION IN NORTH AMERICAN
MANUFACTURING
    * GENTHERM INC - CONSOLIDATE ALL NORTH AMERICAN ELECTRONICS
MANUFACTURING TO CELAYA, MEXICO
    * GENTHERM INC - GENTHERM WILL CONSOLIDATE ALL NORTH
AMERICAN
ELECTRONICS MANUFACTURING TO CELAYA, MEXICO
    * GENTHERM - RESTRUCTURING WILL RESULT IN CLOSURE OF
BURLINGTON,
CANADA FACILITY
    * GENTHERM INC - RESTRUCTURING WILL RESULT IN TRANSFER OF
ELECTRONICS MANUFACTURING FROM ACUÑA, MEXICO
    * GENTHERM INC - RESTRUCTURING OF GENTHERM'S NORTH AMERICAN
ELECTRONICS MANUFACTURING WILL BE COMPLETED BY MID-2021
    * GENTHERM INC - DECISION WILL AFFECT APPROXIMATELY 350
CANADIAN
AND MEXICAN SALARIED AND HOURLY EMPLOYEES

Source text for Eikon:  ID:nGNX6VDmLD 
Further company coverage:  THRM.O 

 ((Reuters.Briefs@thomsonreuters.com;))