Auto supplier sold after bankruptcy: 375 employees receive layoffs

Leinburg (Bavaria) – The approximately 730 employees of the insolvent automotive supplier Plastic Manufacturing have been worried about their jobs for a long time. It is now clear: There is a future for the company, but a bitter price must be paid for it. At least 375 employees will lose their jobs – one location will even be eliminated entirely!

An investor takes over two of the company’s three branches Had to file for bankruptcy at the end of 2025. The locations in Leinburg-Diepersdorf (Bavaria) and Lüdenscheid (North Rhine-Westphalia) are to remain. There is no solution after that insolvency However, for the branch of the once leading company in the processing and refining of plastic materials in Oberlungwitz (Saxony).

Where the jobs disappear

While the majority of the approximately 120 employees in Lüdenscheid (Linden Plastics) continue to be employed, the Franconian town of Diepersdorf is hit hard: a total of around 300 of the last 535 are employed there Jobs dismantled. At the beginning of the year 160 jobs have already been cut at the main location. There is also very bad news for the location in Saxony (SMK Plastic): The 75 employees there will be laid off on July 31st.

This is what the insolvency administrator says

Insolvency administrator Volker Böhm tells BILD: “The takeover that has now been agreed has succeeded in creating a viable perspective for at least part of the group.” However, he speaks of “painful cuts”. They are “a consequence of the economic Development of the last few months, in which companies had to cope with significant declines in sales.” Added to this is “the profound Structural change in the automotive supplier industry“Against this background, the solution that has now been found is a positive result – at least for part of the company.

According to his own information, insolvency administrator Böhm has already reached an agreement with the works council at the Diepersdorf site on a reconciliation of interests and a social plan. A transfer company will be set up. There they are from one Termination Affected employees will continue to be employed for up to six months and can take advantage of training measures.

What is known about the buyer

The name of the investor is not mentioned. According to BILD information, it is said to be AluConcept AG from Dinslaken in North Rhine-Westphalia. An official confirmation from the corporatewhich is a specialist in galvanic surface coating in the automotive, furniture and plumbing sectors, does not exist. A request from BILD has so far remained unanswered.