Lake Forest, Illinois-based auto parts manufacturer Tenneco is the latest Chicago-area company to announce it is hitting the road, with plans to shift its headquarters to Michigan.
The move from the North Shore to an office in Northville Township near Detroit is set to follow Tenneco’s pending $7.1 billion sale to Apollo Global Management, which is expected to close in mid-November. The company did not disclose how many employees are based in Lake Forest but said “several hundred” will work out of the new Michigan headquarters.
“Michigan is home to more than 3,500 Tenneco employees working at multiple sites around the state,” the company said in a statement Tuesday. “The new headquarters location will enable the company to bring together several hundred of its team members in a new office space conveniently located near the company’s major North American original equipment customers.”
