Download PDF

ArvinMeritor to Cut 47 Jobs at North Carolina Plant

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...
Posted on February 13, 2009 by in Feature, Loss of Job with No Comments on ArvinMeritor to Cut 47 Jobs at North Carolina Plant
Post Views 1

Troy, Michigan-based auto parts supplier ArvinMeritor is cutting about 10% of its work force at a plant in western North Carolina.

The firm announced that 47 hourly workers will be laid off at its truck axle plant in Fletcher. The cuts take effect Monday and will leave about 500 workers at the plant.

ArvinMeritor reported that its fiscal Q1 loss grew to almost $1 billion on significantly lower sales and millions of dollars in one-time charges.

ArvinMeritor, a Fortune 500 company, manufactures automobile components for light service vehicles, trucks, and trailers.

ArvinMeritor to Cut 47 Jobs at North Carolina Plant by
Tags: , , , , ,
Authored by: Harrison Barnes

Related Posts
How to Cope With Losing a Job How to Cope With Losing a Job
Atlanta’s Top Telecom, Cell Phone, and Electronics Manufacturers Atlanta’s Top Telecom, Cell Phone, and Electronics Manufacturers
The Bright Side of Unemployment The Bright Side of Unemployment
Top Canadian Companies You Want to Work For Top Canadian Companies You Want to Work For
Chicago’s Top Tech Companies Chicago’s Top Tech Companies
How to Explain Being Fired How to Explain Being Fired
Top 10 Tips for How to Cope Financially After a Layoff Top 10 Tips for How to Cope Financially After a Layoff