Metaldyne Assets Sold
17 Oct 2009, 21:01 UTC · By: Daniel Patrascu / American supplier Metaldyne completed the sale of most of its assets, following the bankruptcy filling in May. The remaining assets were sold to MD Investors Corp., a group led by private equity fir...
Metaldyne Names Stalking Horse Bidders
28 Jul 2009, 09:29 UTC · By: Daniel Patrascu / After the sale of some of its assets to Belgian holding RHJ has been rejected by the bankruptcy court, American part supplier Metaldyne announced, together with the court, the approval of two stalki...
RHJ Ends Metaldyne Purchase Agreement
28 Jul 2009, 09:27 UTC · By: Daniel Patrascu / As we announced in mid-june, Belgium holding RHJ International submitted an offer for the acquisition of Metaldyne powertrain and operating assets, as well as stock of its foreign subsidiaries. ...
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...
Metaldyne Sells Assets to RHJ Int.
17 Jun 2009, 10:43 UTC · By: Daniel Patrascu / Bankrupt auto industry supplier Metaldyne has agreed to sell powertrain and operating assets, as well as stock of its foreign subsidiaries to RHJ International, one of the two companies that express...
Metaldyne Files for Bankruptcy
28 May 2009, 12:17 UTC · By: Daniel Patrascu / The following months will be very challenging for the US automotive industry. After earlier today we announced you that Visteon, one of the largest auto part manufacturer submitted its papers to ent...