Akebono Engineering Center in Farmington Hills will lay off 48 people. The layoffs are expected to be permanent. The company lists declining U.S. business as a reason for the job cuts. Japanese brake ...

Akebono Brake Industry Co., Ltd. researches, develops, manufactures, and sells brakes, and related components and parts in Japan, North America, Europe, and other Asian countries. The company offers ...

FARMINGTON HILLS, MI — Michigan-based Akebono Brake Corp. is to lay off 53 employees. The layoffs will affect 48 employees at the Akebono Engineering Center located at 34385 W. Twelve Mile Road in ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The Bosch Group is in talks to sell a “substantive” ...

When automotive giant General Motors fell on challenging economic times, the lingering trend adversely affected its supply chain as well, including the U.S. division of a Japanese company ...

Akebono Brake Industry Co. delayed the release of its earnings and began an investigation into its accounting after finding evidence that the Japanese auto-parts maker inflated its revenue. Financial ...

Five years ago, when federal authorities announced that stopping-distance rules for heavy tractors would get stricter, there was talk that this would finally cause a conversion from drum brakes to air ...

COLUMBIA, S.C. - Akebono Brake Corporation, a Michigan-based company that designs and manufactures automotive brake components, violated federal law when it refused to hire a temporary laborer because ...

TOKYO, Jan 30 (Reuters) - Japan's Akebono Brake Industry Co Ltd is seeking a capital infusion from top shareholder Toyota Motor Corp and a moratorium on debt repayment as part of a revival plan, ...

TOKYO, July 18 (Reuters) - Japan's Akebono Brake Industry Co Ltd said on Thursday it will receive about $185 million from a corporate turnaround fund to help restructure its money-losing business, ...