Lear Open Electronics Plant in Morocco
17 May 2011, 11:30 UTC · By: Daniel Patrascu / Slowly becoming a preferred destination for automakers and suppliers alike, mostly because of the low operating costs a business has in the country, Morocco was chosen by Lear as the place for its n...
Lear to Charge the Chevy Volt
17 Aug 2010, 14:46 UTC · By: Daniel Patrascu / With only a few months left before the launch of the Volt plug-in hybrid, American manufacturer GM begins tying up loose ends and slowly reveals the supplier network for the future star model. The m...
Lear to Open Plant in Detroit, Donates $5 Million
5 Aug 2010, 09:53 UTC · By: Daniel Patrascu / American supplier Lear, who emerged from bankruptcy in November last year, announced today it will open a new manufacturing plant in the Detroit area and will be hiring at least 200 people in 2011. ...
Lear to Hire 285 for Ford Explorer Contract
5 Mar 2010, 15:20 UTC · By: Daniel Patrascu / American automotive supplier Lear announced today plans to hire 285 people and invest more than $2.2 million to upgrade its Hammond, Indiana facility, in the light of the recently signed contract wi...
Lear Emerges from Bankruptcy
10 Nov 2009, 15:34 UTC · By: Daniel Patrascu / Tough times remain behind for American automotive supplier Lear, after it announced today it has completed its court-supervised financial reorganization. In addition, Lear also announced its new com...
Lear to Exit Bankruptcy
6 Nov 2009, 08:32 UTC · By: Daniel Patrascu / As the dust begins to settle over last summer's wave of bankruptcy fillings, companies which experienced difficulties began shedding their old selves and emerge better, cleaner and... restructu...
FormTech Industries Files for Bankruptcy
28 Aug 2009, 12:15 UTC · By: Daniel Patrascu / Another American automotive supplier was forced into filing for bankruptcy this week, as a result of the current economical environment. As a result of the filing, FormTech is now looking approval t...
Lear Submits Reorganization Plan
18 Aug 2009, 10:36 UTC · By: Daniel Patrascu / Bankrupt American supplier Lear filed its reorganization plan in bankruptcy court, taking yet another step into securing its goal of restructuring the $3.6 billion debt, as well as opening the door ...
Lear Reaches UAW Agreement
17 Jul 2009, 09:44 UTC · By: Daniel Patrascu / Bankrupt automotive supplier Lear announced today it has reached a tentative deal with the UAW on a contract for some 700 hourly workers at seating plants in Arlington and Wentzville. The company di...
Lear Enters Bankruptcy, Secures Creditor Support
7 Jul 2009, 06:15 UTC · By: Daniel Patrascu / After last week they announced the debut of a voluntary reorganization under Chapter 11 protection (read bankruptcy), automotive seating systems, electrical distribution systems and electronic produ...
Proliance Files for Bankruptcy
3 Jul 2009, 11:40 UTC · By: Daniel Patrascu / The number of US based automotive suppliers to file for bankruptcy this year increased today with aftermarket heat exchange and temperature control products supplier Proliance, who proceeded to the ...
Official: Lear Will File for Bankruptcy
2 Jul 2009, 09:10 UTC · By: Daniel Patrascu / As we told you a few days ago, one of the biggest suppliers of automotive seating systems, electrical distribution systems and electronic products, Lear, was rumored to file for bankruptcy this week...
Lear to File for Bankruptcy
29 Jun 2009, 08:09 UTC · By: Daniel Patrascu / Even if the economic crisis seems to soften, it keeps on making victims in the automotive sector. The latest one to feel the kiss of bankruptcy is car seat manufacturer Lear which, according to medi...