Alcoa Electrical and Electronic Solutions announces facility closings

Lower production demand and a change in logistics processes will force Alcoa Electrical and Electronics Solutions to close its operations in Puebla, Mexico and its warehouse in Del Rio, Texas during the third quarter of 2008, the company recently ann
Jan. 1, 2020
2 min read

Lower production demand and a change in logistics processes will force Alcoa Electrical and Electronics Solutions to close its operations in Puebla, Mexico and its warehouse in Del Rio, Texas during the third quarter of 2008, the company recently announced. The restructuring will result in the permanent reduction of about 65 associates in Del Rio and approximately 1,400 in Puebla. The charges related to the restructurings were previously reported by Alcoa.

"This difficult decision is the result of the competitive conditions in the marketplace, and the actions are necessary to adjust AEES capacity to market demand and to improve our logistics processes," says Jon A. Jensen, Alcoa EES president for Light Vehicle Market and Operations Americas.

Alcoa EES employs approximately 14,000 associates in Mexico and 1,350 in the U.S. The business produces and distributes electrical distribution systems and other products for the North American light and heavy vehicle markets.

Alcoa EES recognizes the impact that this workforce reduction will have on the lives of its employees, their families, and the community. Full severance, in addition to a combination of outplacement and transition support services, will be made available to all affected employees.

For more information about Alcoa, visit the company's Web site.

Subscribe to our Newsletters

Latest in Finance

Jolly Sienda Photography
Paint Booths
Is it wise to buy something outright simply because you have the cash on hand?
Jan. 13, 2025
Adobe Stock 424199174
Business Valuation
It's not easy to look at a collision shop for sale and get an accurate idea of what the business is worth.
Oct. 30, 2024
Adobe Stock 377346711
Business deal
The private equity sponsors in the collision repair industry today manage more than $400 billion in managed assets.
June 13, 2024