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Friday, June 24, 2011

Manheim Metro Detroit Closing in Flat Rock, Mich., and Laying Off 268

Manheim Metro Detroit is closing down in Flat Rock, Mich., and will start laying off 268 workers on July 22.


Manheim Metro Detroit, a wholly owned subsidiary of Cox Enterprises, Inc., is the world's largest provider of vehicle remarketing services.   In 2009, Manheim handled nearly 10 million used vehicles, facilitating transactions representing more than $50 billion in value.

Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.

The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.

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