| Type | Private |
|---|---|
| Industry | Automotive Supply |
| Founded | 1988 |
| Headquarters | Dearborn, Michigan; manufacturing facilities in 9 U.S. states |
| Key people | Julie Brown CEO |
| Products | Automobile Components and systems |
| Employees | 7600 |
| Website | http://plastecheng.com/ |
Plastech Engineered Products was a tier-1 automobile supplier headquartered in Dearborn, Michigan. It was long the largest woman-owned company in the state of Michigan.[1] Plastech started in 1988 with the purchase of a single injection molding facility in Caro, Michigan. Since then the company has grown rapidly through a mixture of organic growth and acquisitions, the most notable of the latter being the purchase of United Screw and Bolt in 1997 and LDM Technologies in 2004.[2] In 2007 Plastech took over four plants and sales of US$700 million from Johnson Controls, bringing annual sales to US $1.7 billion.[3] Plastech's customers include General Motors, Ford Motor Company, Chrysler, and Johnson Controls.[4].
Plastech Engineered Products filed for Chapter 11 bankruptcy protection on February 1, 2008, following a dispute with Chrysler, its fourth largest customer. The firm was later liquidated, with major assets being sold to Johnson Controls. Both Chrysler and General Motors would themselves file for bankruptcy in 2009, after receiving large government bailouts.
Plastech employed 7,600 people in 31 manufacturing facilities, 2 corporate locations and a Technical Center North America:
Alabama
Illinois
Indiana
Kentucky
Louisiana
Michigan
Ohio
Tennessee