YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Auto parts supplier First Brands Group has filed for Chapter 11 bankruptcy.
First Brands announced as part of the filing that it has secured $1.1 billion of debtor-in-possession financing.
“Today’s actions mark an important step toward stabilizing First Brands’ operations and securing a long-term future for the company’s world-class portfolio of aftermarket automotive part brands,” said Chuck Moore, chief restructuring officer of First Brands.
Read more from The Wall Street Journal.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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