France-based auto parts supplier Forvia, formerly Faurecia, is closing its Highland Park, Michigan, seating plant at the cost of 511 jobs in an “amicable” agreement with the UAW.
The 14,000-square-foot lease for the Troy location has been auctioned off to another discount retail chain: Five Below Inc., according to a spokesperson for New York City-based real estate advisory firm A&G Real Estate Partners.