Two Texas facilities closing, workers laid off as auto parts giant faces legal, financial turmoil

Cardone Industries shutting down its locations in Harlingen and Arlington as parent company First Brands Group goes through bankruptcy and former CEO indicted in fraud case.

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 ...
Business Wire

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

ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--First Brands Group, LLC (“First Brands” or the “Company”), a leading global supplier of automotive parts, announced that it has commenced a wind down of ...
Crain's Cleveland Business

First Brands to end operations of three key units as it pursues sales of others

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 ...
Morningstar

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 First Brands Group, LLC (“First Brands” or the ...
Yahoo Finance

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., January 26, ...