Swedish auto parts maker closing plant

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Autoliv Inc., a Sweden-based manufacturer of air bags and other auto-safety equipment, said yesterday that it will close its plant in the northeastern Indiana town of Columbia City, throwing 380 employees out of jobs beginning this year.

The work will be consolidated at a Utah plant because the company doesn’t foresee the American auto market recovering soon enough to justify keeping the Indiana plant open, according to The Journal Gazette of Fort Wayne.

Only about 13 million vehicles were produced in North America last year compared with 16 million three years ago.

The non-union facility opened in Columbia City in 1998, and in 2004 Autoliv said it would expand the plant to more than 600 workers. However, dwindling demand for the air bags resulted in a decline in employment at the plant.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In