Automotive Components Holdings, LLC began operations on October 1 after assuming control of 17 plants and six other facilities in the US and Mexico from Visteon Corporation.
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Automotive Components Holdings – a temporary business managed by Ford Motor Company – has been created to protect the flow of critical parts and components in the near-term, and over time improve Ford’s sourcing flexibility.
Its goal is to prepare most of the acquired businesses for sale to companies with the capital and expertise to supply the automaker with high-quality components and systems at competitive prices.
The formation of Automotive Components Holdings is an essential part of Ford North America’s strategy to accelerate its restructuring, improve its cost structure and boost profitability.
“We have assembled a team of seasoned veterans with proven track records to reshape and rebuild these businesses for sale to buyers who can take them forward,” said a Ford spokesman.
ACH will have no employees of its own in the US. About 5,000 Visteon salaried workers, located mostly at facilities that are part of the transfer, will initially be leased from Visteon and work directly with ACH. About 80 Ford salaried employees have been assigned to the new company, along with some 18,000 Ford UAW hourly workers in the former Visteon facilities.
Ford is expected to implement 5,000 buyouts over time for UAW employees at ACH facilities.
The three Mexican affiliates of ACH will employ about 1,850 hourly and salaried personnel.
Automotive Components Holdings, LLC began operations under financial arrangements announced on May 25 as part of the Memorandum of Understanding. Its financial information will be consolidated into Ford Motor Company quarterly financial reports.
The plants are:
Autovidrio, Mexico – glass
Chesterfield Township, Michigan – seating foam
El Jarudo, Mexico – powertrain
Indianapolis, Indiana – steering components
Kansas City, Missouri – IP/lamp final assembly/sequencing
Lamosa I & II, Mexico – chassis
Milan, Michigan – powertrain
Monroe, Michigan – chassis
Nashville Glass, Nashville, Tennessee – glass
Rawsonville, Ypsilanti, Michigan – powertrain & Rawsonville GTC
Saline, Michigan – interiors
Sandusky, Ohio – lighting/air induction/fuel vapour storage
Sheldon Road, Plymouth, Michigan – climate control
Sterling I & II, Sterling Heights, Michigan – chassis & Sterling Test – Labs
Tulsa Glass, Tulsa, Oklahoma – glass
Utica, Shelby Township, Michigan – interiors, exteriors
Ypsilanti, Michigan – chassis
Research, testing and other facilities:
Bellevue, Ohio – aftermarket parts assembly & distribution
Carlite Warehouse, Lebanon, Tennessee – glass distribution centre
Commerce Park South, Building D, Dearborn, Michigan – chassis engineering/glass lab
Glass Systems Main Office, Allen Park, Michigan – glass
Product Assurance Centre, Dearborn, Michigan – R&D, testing
Technical Centre, Dearborn, Michigan – research & product development
