Auto-parts giant First Brands to cut 572 Texas jobs amid fraud case

The company says it plans to permanently close three facilities.

First Brands nears bankruptcy settlement, tees up business unit sales

By Dietrich Knauth NEW YORK, Feb 27 (Reuters) - Bankrupt auto parts maker First Brands is close to a settlement with its ...
LimaOhio.com

First Brands execs face charges related to factories’ closing

According to the WARN notice, 302 employees will be affected in Greenville with layoffs effective April 30. Another 146 will be laid off in Cuyahoga County, along with 407 in Tiffin and 302 in Bowling ...
Seeking Alpha

First Brands Group Commences Wind Down of North American Brake Parts Inc., Cardone, and Autolite Business Units

All Other Business Units Continue to Operate as Company Pursues Strategic Sale Transactions Across Its Portfolio of Market-Leading Products and Brands ROCHESTER HILLS, Mich.--(BUSINESS WIRE)-- First ...
Morningstar

First Brands Group Announces Launch of Marketing and Sale Process to Secure Long-Term Future for Brands and Global Platform

Company in Discussions with Ad Hoc Group of Lenders Regarding Comprehensive Agreement to Provide Additional DIP Financing and Serve as Stalking Horse Bidder for Select Business Units First Brands ...
Transport Topics

First Brands Lenders Allege ‘Widespread Fraud’ in Filing

[Stay on top of transportation news: Get TTNews in your inbox.] A group of First Brands lenders have accused the auto parts supplier of “widespread fraud” and are seeking to end part of the auto parts ...
MarketWatch

First Brands Group Commences Wind Down of North American Brake Parts Inc., Cardone, and Autolite Business Units

The MarketWatch News Department was not involved in the creation of this content. All Other Business Units Continue to Operate as Company Pursues Strategic Sale Transactions Across Its Portfolio of ...