By Shahrzad Pourriahi, Crain News Service
SPRINGFIELD, Tenn. — Sensata Technologies B.V. is closing Schrader Electronics' Springfield plant and plans to relocate production of tire pressure monitoring systems (TPMS) components to factories in Mexico and China.
The move was being made “against the backdrop of a challenging and increasingly competitive environment,” Sensata said.
The announcement comes about 18 months after the unit completed a $15 million expansion at the factory.
“The company will be consolidating all TPMS production for the Americas…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, a company spokeswoman added.