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August 06, 2007 02:00 AM

Automotive world continues carving up Collins && Aikman

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    When Collins & Aikman Corp. entered bankruptcy in May 2005, the company had 27 plants in Europe, three in South America and more than 50 in North America.

    That number gradually has been whittled down through sales and closures, though a dozen plants still remain in limbo - in operation, but with the potential to close or be sold, said Collins & Aikman spokesman David Youngman.

    Negotiations are ongoing with potential buyers of those 12 plants, among them Cadence Innovation LLC of Troy, Mich., which announced plans to buy as many as 16 plants, but has yet to complete a purchase.

    Workers at some of those sites have been told to prepare for closure, though work is continuing, with customers paying to keep the plants running through the end of August - an extension from earlier funding deadlines of July 31 and June 30, he said.

    Nineteen of the European plants survived, most of them sold to International Automotive Components Group North America Inc. of Dearborn, Mich., the new auto supplier created by New York financier Wilbur Ross. A few were sold independently, to management groups or individual buyers.

    IAC also purchased the three C&A-owned plants in Brazil that operated under the name Plascar Indústria de Componentes Plasticos Ltda.

    The results in North America have been a mixed bag. Southfield-based Collins & Aikman closed four large fabric plants and sold two - one in El Paso, Texas, and one in Roxboro, Mass.

    One of the firm's convertible roof plants, in Mexico, sold to Magna International Inc.'s CTS Car Top Systems, while two more in Adrian, Mich., closed.

    Another 16 plants that made up the bulk of Collins & Aikman's soft-trim business - which takes in carpet and acoustics - are being sold to IAC.

    Here's what's going on with what remains, including the plants in Collins & Aikman's massive injection molding and blow molding hard-trim division.

    Assets sold

    Two blow molding plants in Williamston, Mich., went to Williamston Products Inc. and are operating as a stand-alone business.

    A thermoforming plant in Owosso, Mich., to stand-alone business F. Group Automotive.

    Collins & Aikman's joint venture interest in an injection molding plant in Montgomery, Ala. - supplying automaker Hyundai Motor Co. Ltd. - to venture partner Hyundai Mobis.

    Sale Pending

    Three plants - in Evart, Mich.; Belvidere, Ill.; and Windsor, Ontario - to auto supplier Flex-N-Gate Corp. of Urbana, Ill.

    The Hermosillo, Mexico, plant that supplies interior parts to Ford Motor Co., to IAC.

    An injection molding plant in Columbia, Mo., to molder Engineered Plastic Components Inc. of Grinnell, Iowa.

    Closed

    Sterling Heights, Mich. - a molding facility and tool shop

    Manchester, Mich.

    Westland, Mich.

    Port Huron, Mich.

    Oklahoma City

    Americus, Ga.

    Nashville, Tenn.

    Farmington, Mich.

    Morristown, N.J. - two plants

    St. Louis

    Havre de Grace, Md.

    Dover, Md.

    To be determined

    Rantoul, Ill. - three plants

    Mississauga, Ontario

    Port Hope, Mich.

    Guelph, Ontario

    Brampton, Ontario

    Athens, Tenn., with a satellite facility in Bowling Green, Tenn.

    Saltillo, Mexico, with a separate technical center

    Belleville, Ontario.

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