Auto parts injection molder and painter Tiercon Industries Inc. still is for sale.
The Stoney Creek firm has been in receivership since mid-April. It runs four facilities with a total of about 600,000 square feet; the two largest operations are in Stoney Creek. It also molds bumpers at a customer's Oshawa, Ontario, plant.
KPMG Inc. of Toronto has been trying to sell Tiercon. A KPMG official confirmed July 7 that no sale has been made. He declined to speculate on other options if the sale continues to be delayed.
Municipal officials and union members rallied outside Tiercon's plant the week of June 27 to urge KPMG to find a buyer that will continue the business. Workers at the Stoney Creek plant are represented by Unite Here, a union formed by the merger a year ago of the Union of Needletrades, Textiles and Industrial Employees and the Restaurant Employees International Union.
General Motors Corp. is a key Tiercon customer. The auto giant wants Tiercon to be sold as a continuing supplier and has signed on as an applicant on Tiercon's court order of receivership.