Tigard firm plans to close
Commercial Vehicle Group plant employs 80 workers
Commercial Vehicle Group will close its doors in Tigard for good later this year.
The company makes seat belts, suspension seats, electronic wire harnesses, controls, switches, mirrors, wiper systems and other products for commercial vehicles, including heavy-duty trucks, construction rigs, military vehicles, buses, agricultural vehicles and specialty transportation.
The New Albany, Ohio-based company operates a production facility and warehouse at 8005 S.W. Hunziker St. The plant is expected to close its doors by the end of December.
Strategic decisions that impact personnel are always difficult and are not taken lightly, said Patrick Miller, president of global truck and bus for CVG. But this is a necessary step in response to changing customer needs and industry dynamics.
The Tigard facility makes interior trim for large commercial vehicles, such as instrument panels and storage cabinets.
Most of that work will be moved to other plants scattered across North America.
Many of our customers, serviced by our Tigard facility, have transitioned their businesses to other geographic regions, Miller said.
In order to remain competitive, (Commercial Vehicle Group) must continually re-evaluate market requirements and realign our capacity and manufacturing footprint.
The Tigard plant has about 80 employees, who will have the option to move to other plants. The company plans to petition the Oregon Department of Labor for assistance for laid-off employees.
It will cost the company between $3.2 million to $3.5 million to close the Tigard plant, accounting for between $1.5 million to $2.5 million a year in savings.JW_DISQUS_ADD_A_COMMENT