Cooper-Standard planning to close sealing systems facility
The move will affect 256 jobs
Cooper Standard Automotive subsidiary International Fluid and Sealing Systems in Coventry (UK) is planning to close its facility in Maesteg, Wales (UK). As a result, 256 jobs will be lost. The production will be shifted to facilities in Poland and France. The plans to reduce workforce came in response to falling sales and the company’s poor financial record in the last three years. The company will however retain an office in Coventry.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
