Trending
WARREN -- Plans by auto parts maker Delphi to split itself into two companies early next year will not impact the company's local operations, a local union leader said.
Ed Salus, president of International Union of Electrical Workers-Communications Workers of America Local 717, said Wednesday that Delphi's facilities in Warren will maintain the status quo. The union represents approximately 650 local hourly union workers.
The company, formerly Packard Electric and part of General Motors, supplies components used to make harnesses for the automotive industry.
"It won't change anything here or change anything for our local operations or our workers," Salus said.
The Delphi spinoff, targeted to take place before April, could become more common in the industry as companies separate older businesses from their more advanced technology wings. Sweden's Autoliv also plans a split, with one company making passive devices like air bags, and the other focusing on electronics that prevent crashes.
One Delphi company, called Aptiv, will focus on electronic safety systems, autonomous cars and the electrical backbone of vehicles. The other will be named Delphi Technologies and will focus on combustion engine parts, software controls and electric vehicle components.
Delphi Automotive PLC announced the names of the companies at its investor day Wednesday in Boston. Shareholders will vote on the split Nov. 7.
news@tribtoday.com