Springfield, Tennessee – Schrader Electronics, part of technology company Sensata, is closing its Springfield plant and relocating to Mexico and China, the company has announced.
The move was being made “against the backdrop of challenging and increasingly competitive environment”, said the manufacturer of tire pressure monitoring systems (TPMS) in a statement on 8 Jan.
“The company will be consolidating all TPMS production for the Americas from the former Schrader plant in Springfield, Tennessee to Aguascalientes, Mexico and Changzhou, China by the end of 2017,” said Alexia Taxiarchos, global communications director, Sensata Technologie.
The decision was not taken lightly and included extensive deliberation and analysis, she added.
“Consolidation of production in a larger Sensata facility will provide economies of scale and efficiency that will enable Sensata to continue to meet customers’ quality, delivery and price requirements,” added Taxiarchos.
According to local news reports, the move will affect 300 of the company’s 400 employees.