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Second-Largest Auto Supplier Mulls Changes

DEARBORN, MI-A move of the corporate headquarters and consolidation are among Visteon Corp.'s ideas to deal with the current economic slowdown. Their headquarters here is the workplace for 460 employees.

By Robert Carr | Updated on June 15, 2001

DEARBORN, MI-Visteon Corp., a former arm of Ford Motor Co. that spun off into the second largest-private automotive supplier, is considering changes that couldinclude moving its headquarters. A change in location for the current building, which houses 460 employees, is just one of a number of restructuring ideas being bounced around the company, according to Gordon Cole, Visteon’s director of global publicaffairs.

“We’re exploring consolidating some people and facilities, but we haven’t made any decisions. Any decision now would be premature,’ Cole tells GlobeSt.com.

The talk of internal belt-tightening came on from the economy problems, Colesays. In December, Visteon is took a number of aggressive actions to address thesoftening of U.S. industry volumes. These include:

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