Dayton, Tenn. auto supplier laying off 160

FILE - In this May 11, 2017 file photo, the emblem of a Nissan car is seen at its showroom in Tokyo. Japan has fallen victim of a global "ransomware" cyberattack that has created chaos in 150 countries. Nissan Motor Co. confirmed Monday, May 15, 2017, some units had been targeted, but there was no major impact on its business. (AP Photo/Eugene Hoshiko, File) FILE - In this May 11, 2017 file photo, the emblem of a Nissan car is seen at its showroom in Tokyo. Japan has fallen victim of a global "ransomware" cyberattack that has created chaos in 150 countries. Nissan Motor Co. confirmed Monday, May 15, 2017, some units had been targeted, but there was no major impact on its business. (AP Photo/Eugene Hoshiko, File)

By Mike Pare June 17, 2017 3 min read

ABOUT IAC

IAC is a global supplier of automotive interior components and systems. The company’s 2016 sales were $6 billion. The company operates 77 manufacturing facilities in 18 countries. IT employs about 31,000 people around the world and is headquartered in Luxembourg.

A Dayton, Tenn., automotive supplier of door and instrument panels plans to lay off about 160 employees as it transfers some of its business to another plant in the Midwest.

The layoffs at the International Automotive Components plant in Dayton will hit 138 permanent employees and 22 temporary workers, said company spokesman David Ladd.

He said 428 salaried and hourly employees will remain after the cuts, which will take place between July 31 and Sept. 7.

“The plant is not closing,” Ladd said in an email.