Delphi Corporation completed the sale of its New Brunswick, N.J., battery manufacturing facility to Johnson Controls Inc., effective August 1. This sale, which includes ownership of the facility and assets, and employment of approximately one-third of the hourly workforce, represents the final step in the two-stage global battery business sale announced in July 2005.
"The sale of this plant is an important step forward in our overall restructuring plan," said James A. Bertrand, president, Delphi Automotive Holdings Group. "A consensual agreement with our customers and the International Union of Electrical Workers paved the way for the sale of Delphi's U.S.-based battery assets, and concludes our effort to divest
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