Visteon spin-off firm stirs interest
CEO Ver lists about 65 companies as would-be buyers
October 1, 2005
BY SARAH A. WEBSTER
FREE PRESS BUSINESS WRITER
About 65 companies have already expressed interest in buying some of the automotive parts plants and operations that Visteon Corp. officially spun off today into a temporary new holding company, the chief executive in charge of the new firm says.
The goal of Automotive Components Holdings LLC, which is managed by Ford Motor Co., is to sell off or close all of the 23 former Visteon facilities it now owns. The holding company, called ACH, will lease about 18,000 hourly workers from Ford and 5,000 salaried workers from Visteon, and most of its $7 billion in sales comes from contracts with Ford.
1 comment:
Do you have a list of those 23 plants?
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