Auto parts maker Delphi Corp. is close to reaching an agreement with the United Auto Workers.
Local union representatives are to meet at 1 p.m. today in Detroit to discuss a tentative agreement for Delphi Corp.
UAW Local 913 president Ralph Brumby said Thursday one of two things can occur -- representatives will be briefed on the tentative labor agreement, or they will be updated on the negotiations. If an agreement is made between the two parties, it will be presented to union members for a vote on Monday.
A vote to ratify the agreement would move the Troy-based auto supplier closer to emerging from bankruptcy. In 2005, Delphi Corp. filed for Chapter 11 bankruptcy and officials announced that many plants would be sold or shut down, including the Sandusky plant. The new agreement is vital to the potential sale of the plant.
Late last year Cerberus Capital Management LP, based in New York City, was said to be in talks to buy 12 Delphi Corp. plants in the U.S.
Delphi Energy & Chassis, at 2509 Hayes Ave., Perkins Township, makes wheel spindle bearings, roller clutches for transmissions and water pump assemblies for cars and trucks. The plant has more than 1,000 employees, including 190 salaried employees and 900 hourly workers represented by UAW Local 913.