Bankrupt Delphi on Wednesday was reported to have completed the sale of its US battery business to Johnson Controls, shifting a New Jersey plant to the supplier effective from Tuesday.
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Johnson Controls and Delphi announced the battery business deal in July 2005, Reuters noted. The sale of the New Brunswick, New Jersey, plant included facilities and assets, and 100 workers transferred to Johnson Controls.
The rest of the work force exercised early retirement or buyout options, Delphi said, according to the report. Delphi’s battery plant in Fitzgerald, Georgia, will continue to build out batteries as a second-tier supplier to Johnson Controls into 2007, it added.
