A transaction between two manufacturers sees a factory changing hands in Ohio, but that's not all.
Contract manufacturer Detroit Manufacturing Systems (DMS) recently sold its plant in Toledo to Tier 1 auto supplier Mayco International.
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Luckily for the plant’s 300+ workers, they won’t find themselves out of a job.
That’s because the deal between the two companies secured the jobs of those DMS workers, all of whom were offered positions and stayed on with Mayco.
According to a statement from DMS, the plant was sold because Mayco expanded their Stellantis manufacturing offerings.
The Toledo plant has produced cockpit assemblies for the Jeep Wrangler and Jeep Gladiator.
DMS says it is “thankful for the Toledo community and the talented team we amassed over our 4+ years of ownership of the manufacturing plant.”