Delphi expects Kokomo plant to dwindle, report says

June 25, 2007
Revenue at plants in Kokomo and elsewhere that bankrupt Delphi Corp. intends to keep open will fall 40 percent, according to a Detroit Free Press report.

The reduction, which resulted from a tentative contract with the United Auto Workers and Delphi's main customer, General Motors Corp., will result in the Kokomo operation falling to $310 million in revenue by 2012 from $666 million this year, the newspaper said.

About half the 5,200 Delphi workers in Kokomo are union members. The electronics maker is based in Troy, Mich.
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