Gentherm is to close its Burlington, Canada facility, and transfer electronics manufacturing from Acuña, Mexico.
As part of the current phase of the restructuring plan, Gentherm will consolidate all North American electronics manufacturing to Celaya, Mexico.
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“The decision announced was a difficult one, but part of an overall plan that will strengthen our electronics business, deliver operational efficiencies across our global footprint and continue to drive shareholder value,” said Gentherm president and CEO, Phil Eyler.
“The expanded manufacturing space in Celaya, Mexico will enable us to adapt to the rapidly transforming electronics industry, build upon our manufacturing and continue to deliver electronics products to our customers.”
The restructuring of Gentherm’s North American electronics manufacturing will be completed by mid-2021.
The decision will affect around 350 Canadian and Mexican salaried and hourly employees.
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By GlobalData“We acknowledge these decisions impact our employees’ lives and we are committed to helping those who are impacted through their transitions,” added Eyler.
