International Automotive Components Group North America LLC

Publication date: Mon, 07/28/2008

International Automotive Components Group, LLC laid off approximately 100 hourly workers at its Sidney plant recenlty, citing an economic downturn in the auto industry. The layoffs were a reaction to decreased production orders, especially from the Detroit Three, the senior manager of marketing and communications at IAC said. Those companies, General Motors, Ford, and Chrysler make up the majority of IAC's North American customer base. The IAC plant in Sidney, which produces flooring and acoustic parts, is the only Ohio plant to be affected by workforce cuts and no future cuts or plant closings are planned. IAC has plants in Wauseon, Huron, and Freemont, Ohio. Prior to the layoffs the Sidney plant employed about 350 workers, according to Hoover's Inc., a source of corporate profiling information.