Faurecia shuttering Bradford plant, leaving 550 workers unemployed
A Bradford plant with more than 500 workers is shutting its doors in 2015.
Faurecia North America told its workers today the Bradford seat mechanisms and frames plant will close in mid-2015.
Stacie Tong, director of communications for Faurecia North America, says the plant has been hit by an uncompetitive price disadvantage; the rising cost for fuel, steel and other supplies; and other increased costs of doing business. Faurecia employs about 550 people at its Bradford location, and 100 temporary workers.
Tong says the company will be working with employees now facing the loss of their employment to ease the transition. Faurecia is an automotive supplier that provides seating, emissions control technology, interior systems and exteriors. It employs close to 100,000 people in 34 countries. Faurecia’s North American division had sales of $6 billion last year.
So what else is new in Ontario!!!!! We are a Province and a citizenry asleep at the switch.
Mayor Doug White needs to have an economic vision and NOT that of building houses! Each house built costs the taxpayers of Bradford for all the soft services required for new home development. That is why it is critical that the Mayor have a solid economic development plan in place! The loss of a major employer is a disaster – what does Doug White propose to replace this loss?