Martinrea Hot Stampings, Inc. is expected to permanently close its Detroit facility located on Glendale Avenue.
The closure will affect all employees, according to an official notification posted on the State of Michigan's website. Martinrea had previously announced a round of layoffs. Now, the 122 remaining employees are affected.
All employees have been notified of the closure.
The business will begin winding down operations in stages beginning September 26. Martinrea supplied steel components for the Chrysler 200 and Dodge Dart, which are both being phased out of production.