HOLLAND, Mich. (WOOD) - Auto supplier Johnson Controls appears to be looking for a buyer for its interiors division -- but no one knows what that means for more than 3,000 lakeshore area jobs.
Reuters news service reported Tuesday that Johnson Controls wants to get out of the auto interiors business and is looking to sell off that division.
In its quarterly report, which was released Tuesday, Johnson Controls said it would "explore strategic options."
The Reuters story quoted corporate officials as saying they do not plan to shut down the interiors division, but that they want to focus on other products.
The interiors division lost $13 million last year, though the international company based in Milwaukee did well overall.
The news is so new that no one is quite sure what it means for the about 3,000 people in the Holland area who work for Johnson Controls.
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