Bumper Maker Will Close at End of Year
Oct. 04, 1995
GRAND RAPIDS, Mich. (AP) _ A company that has made car bumpers for more than 50 years will close at the end of the year, causing the loss of 200 jobs.
Composite Energy Management Systems Inc. makes 5,000 bumpers per week for General Motors' Buick LeSabres and minivans. But the automaker no longer wants the chrome-plated bumpers made by the company.
T.J. Heitzman, a manager for International Bumper Inc., which has been running the factory, said switching to another product would be too costly.
The company has been looking for a buyer, but, ``we don't hold much hope at this point,'' President Phillip Sandmann said.
In better days, Composite Energy had two factories, sold bumpers to Ford Motor Co. and Chrysler Corp., and had nearly 700 workers.
Since 1992, it has been owned by a private investment group led by Robert McKeon, a former executive with the previous owner, Wickes Manufacturing.