In a separate notice in December with the state Department of Labor and Workforce Development, IAC announced it was laying off 44 workers effective Feb. 5.
Dayton City Manager Tom Solomon said the company has been downsizing for a year or two.
"They used to have two buildings. They went down to one," he said. "It wasn't a total shock."
Solomon said the IAC building is owned by the city.
In 2017, IAC laid off 138 permanent employees and 22 temporary workers, said company spokesman David Ladd at that time. The company said then that it was transferring some of its business to another plant in the Midwest.
Still, Ladd said, 428 salaried and hourly employees would remain after those cuts at the plant.
He said then that Mercedes and Nissan were the primary customers of the plant, but the company was actively seeking new business for the facility. Ladd said that the product cycle in the automotive sector is generally three years from the awarding of new business to production launch.
The plant has been in Dayton for about 40 years, according to the company, operating as Lear and UTA before becoming part of IAC in 2007.
IAC, or International Automotive Components, has more than 50 manufacturing locations and about 19 design, technical and commercial centers in 20 countries. Headquartered in Luxembourg, it employs about 22,000 people around the world, according to its website. The company had $4.1 billion in global sales in 2018.
Rhea County has seen ups and downs in its manufacturing sector in recent years.
Last October, Nokian Tyres opened what its officials said is one of the most modern tire production plants in the world and the company's largest-ever individual investment.
The Finland-based company's $360 million factory plans to have 400 workers on board when the plant is at full production, making 4 million tires annually.
Just a month earlier, furniture-maker La-Z-Boy opened an $18 million innovation center employing 75 people that's located next to its 1,400-worker production plant.
But in March 2017, Fujifilm Hunt Chemicals U.S.A. Inc.closed its Dayton plant and idled 84 workers, just six months after Goodman Manufacturing shut down in Dayton with about 700 employees losing their jobs.
Contact Mike Pare at mpare@timesfreepress.com or 423-757-6318. Follow him on Twitter @MikePareTFP.