Integrated Manufacturing and Assembly LLC to Establish New Facility In Columbia City, Ind. to Supply Seat Systems to Major Automaker
April 4, 2006
SOUTHFIELD, Mich., April 4 /PRNewswire-FirstCall/ -- Integrated Manufacturing and Assembly, (IMA) a joint venture between Comer Holdings LLC, a certified minority business enterprise, and Lear Corporation (NYSE: LEA), today announced plans to establish a new 123,000 square-foot plant in Columbia City, Ind., to supply seating systems to a major automaker.
Production at the new facility, located at 2101 S. 600 E., Columbia City, will launch in November 2006 and provide up to 260 new jobs for the region.
"We are grateful for the support shown by local and state officials in helping us establish operations in Columbia City, which translates into automotive jobs for the northeast Indiana region," said Jim Comer, president of Comer Holdings.
In addition to IMA, Comer Holdings and Lear have established CL Automotive, a second joint venture. The two joint ventures combined have annual sales of about $365 million and employ 1,100 people at operations in Brownstown and Highland Park, Mich.; Newark, Del.; and Berne, Ind.
"Lear is pleased with its partnership with Comer Holdings as we share the mutual goal of providing our customer the highest possible level of service and quality," said Bob Rossiter, chairman and chief executive officer of Lear. "Additionally, this new partnership aims to promote the growth of minority business enterprises and supports the communities where we do business, and we are confident the Indiana work force will help us fulfill those goals."
Lear Corporation is one of the world's largest suppliers of automotive interior systems and components. Lear provides complete seat systems, electronic products and electrical distribution systems and other interior products. With annual net sales of $17.1 billion, Lear ranks #127 among the Fortune 500. The company's world-class products are designed, engineered and manufactured by a diverse team of 115,000 employees at 282 locations in 34 countries. Lear's headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol [LEA]. Further information about Lear is available on the Internet at http://www.lear.com/ .
SOURCE: Lear Corporation
CONTACT: Andrea Puchalsky, Director - Corporate Communications of Lear
Web site: http://www.lear.com/
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