Arlington auto parts facility closing as parent company goes under, founder arrested

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 ...

First Brands to wind down key units as it seeks buyers amid bankruptcy crisis

Jan 26 (Reuters) - First Brands said on Monday it has begun winding down parts of its North American operations, including its Brake Parts, Cardone and Autolite units, while keeping its remaining ...
Modern Distribution Management

Auto Parts Supplier First Brands Winding Down Brake Parts, Cardone and Autolite Units

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.

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 ...