Cardone Industries shutting down its locations in Harlingen and Arlington as parent company First Brands Group goes through ...
An Arlington facility for brake parts brand Cardone has been caught in the wreckage as a dramatic bankruptcy and criminal proceedings sweep up an Ohio auto parts conglomerate. A WARN letter filed with ...
Three major auto parts brands are being killed off amid bankruptcy, as mounting lawsuits and failed sales mark the collapse ...
First Brands Group LLC, the Cleveland-founded global automotive parts supplier that in late September filed for Chapter 11 bankruptcy protection, said it has started "a wind down" of some of its North ...
Autolite, Cardone, and Raybestos are the first casualties of the sprawling First Brands collapse.
The bankrupt company said it has begun winding down parts of the business as part of its Chapter 11 restructuring, while continuing to operate and seek buyers for its remaining units.
The bankrupt auto-parts supplier has been unable to shore up additional liquidity it needs before cash runs out in days.