Plastech Engineered Products
Encyclopedia
Plastech Engineered Products was a tier-1 automobile supplier headquartered in Dearborn, Michigan. It was long the largest women owned company in the state of Michigan.
Plastech started in 1988 with the purchase of a single injection molding facility in Caro, Michigan. Since then the company has grown rapidly through a mixture of organic growth and acquisitions, the most notable of the latter being the purchase of United Screw and Bolt in 1997 and LDM Technologies in 2004. In 2007 Plastech took over four plants and sales of US$700 million from Johnson Controls
, bringing annual sales to US $1.7 billion. Plastech's customers include General Motors
, Ford Motor Company
, Chrysler
, and Johnson Controls
..
Plastech Engineered Products filed for Chapter 11 bankruptcy protection on February 1, 2008, following a dispute with Chrysler
, its fourth largest customer. The firm was later liquidated, with major assets being sold to Johnson Controls
. Both Chrysler
and General Motors
would themselves file for bankruptcy in 2009, after receiving large government bailouts.
Alabama
Illinois
Indiana
Kentucky
Louisiana
Michigan
Ohio
Tennessee
Plastech started in 1988 with the purchase of a single injection molding facility in Caro, Michigan. Since then the company has grown rapidly through a mixture of organic growth and acquisitions, the most notable of the latter being the purchase of United Screw and Bolt in 1997 and LDM Technologies in 2004. In 2007 Plastech took over four plants and sales of US$700 million from Johnson Controls
Johnson Controls
Johnson Controls, Inc. is a company, based in Milwaukee, Wisconsin, USA. It was founded in 1885 by professor Warren S. Johnson, inventor of the first electric room thermostat....
, bringing annual sales to US $1.7 billion. Plastech's customers include General Motors
General Motors
General Motors Company , commonly known as GM, formerly incorporated as General Motors Corporation, is an American multinational automotive corporation headquartered in Detroit, Michigan and the world's second-largest automaker in 2010...
, Ford Motor Company
Ford Motor Company
Ford Motor Company is an American multinational automaker based in Dearborn, Michigan, a suburb of Detroit. The automaker was founded by Henry Ford and incorporated on June 16, 1903. In addition to the Ford and Lincoln brands, Ford also owns a small stake in Mazda in Japan and Aston Martin in the UK...
, Chrysler
Chrysler
Chrysler Group LLC is a multinational automaker headquartered in Auburn Hills, Michigan, USA. Chrysler was first organized as the Chrysler Corporation in 1925....
, and Johnson Controls
Johnson Controls
Johnson Controls, Inc. is a company, based in Milwaukee, Wisconsin, USA. It was founded in 1885 by professor Warren S. Johnson, inventor of the first electric room thermostat....
..
Plastech Engineered Products filed for Chapter 11 bankruptcy protection on February 1, 2008, following a dispute with Chrysler
Chrysler
Chrysler Group LLC is a multinational automaker headquartered in Auburn Hills, Michigan, USA. Chrysler was first organized as the Chrysler Corporation in 1925....
, its fourth largest customer. The firm was later liquidated, with major assets being sold to Johnson Controls
Johnson Controls
Johnson Controls, Inc. is a company, based in Milwaukee, Wisconsin, USA. It was founded in 1885 by professor Warren S. Johnson, inventor of the first electric room thermostat....
. Both Chrysler
Chrysler
Chrysler Group LLC is a multinational automaker headquartered in Auburn Hills, Michigan, USA. Chrysler was first organized as the Chrysler Corporation in 1925....
and General Motors
General Motors
General Motors Company , commonly known as GM, formerly incorporated as General Motors Corporation, is an American multinational automotive corporation headquartered in Detroit, Michigan and the world's second-largest automaker in 2010...
would themselves file for bankruptcy in 2009, after receiving large government bailouts.
Locations
Plastech employed 7,600 people in 31 manufacturing facilities, 2 corporate locations and a Technical Center North America:Alabama
- McCalla, AL
Illinois
- ChicagoChicagoChicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
Indiana
- Elwood, IN
- Kendallville, IN
Kentucky
- Louisville, KYLouisville, KentuckyLouisville is the largest city in the U.S. state of Kentucky, and the county seat of Jefferson County. Since 2003, the city's borders have been coterminous with those of the county because of a city-county merger. The city's population at the 2010 census was 741,096...
x2 - Owensboro, KentuckyOwensboro, KentuckyOwensboro is the fourth largest city by population in the U.S. state of Kentucky. It is the county seat of Daviess County. It is located on U.S. Route 60 about southeast of Evansville, Indiana, and is the principal city of the Owensboro, Kentucky, Metropolitan Statistical Area. The city's...
Louisiana
- Shreveport, LA closed due to bankruptcy
Michigan
- Auburn Hills, MI (Corp.)
- Auburn Hills, MI (Tech. Center)
- Caro, MI
- Clarkston, MI
- Croswell, MI
- Dearborn, MI (Corp.)
- Fowlerville, MI
- Grandville, MI
- Hartland, MI
- Kentwood, MI x2
- Lansing, MI
- Monroe, MIMonroe, MichiganMonroe is a city in the U.S. state of Michigan. The population was 20,733 at the 2010 census. It is the largest city and county seat of Monroe County. The city is bordered on the south by Monroe Charter Township, but both are politically independent. The city is located approximately 14 miles ...
x2 - Port Huron, MI
- Romulus, MI x2
Ohio
- Brooklyn, OH
- Bryan, OH
- Byesville, OHClosed/ More than 450 jobs lost
- Cleveland, OH
- Moraine, OH
- Strongsville, OH
- Wauseon, OH
Tennessee
- Franklin, TN closed August 2008
- Kenton, TN closed due to bankruptcy