Czech Republic - Delphi to close wiring harness plant - 0 views
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Panos Kotseras on 27 Aug 10Delphi, the wiring harness manufacturer, plans to shut down its Czech unit. The plant is located at Ceska Lipa, 90 km north of Prague, and serves auto makers such as BMW and Audi. The job cuts will take place in stages until the closure will be completed by the end of May 2011. As a result, all 1,400 employees will be affected. The trade union commented that the company plans to relocate to lower cost places. The Czech Republic has attracted foreign investment related to the automotive industry; however, due to rising costs, some companies decided to relocate.