Date: 2013-08-01

Delphi Bankruptcy Hits Bearing Manufacturers

The recent Chapter 11 bankruptcy filing by Delphi Corporation (USA; NYSE:DPH) has also hit the U.S. bearing industry by putting payments on hold to Delphi's key bearing vendors.

Delphi and 38 of its U.S. domestic subsidiaries filed for Chapter 11 bankruptcy protection on October 8, 2005, in the Southern District of New York, "in order to preserve the value of the company and complete its transformation plan designed to resolve Delphi's existing legacy issues and the resulting high cost of U.S. operations."

Direct link to all Delphi bankruptcy court documents

Previous: Q3 2005 Dover Corporation Earnings Conference Call
Next: NN warns of 2005 earnings shortfall

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
RCJY1 bearing	25.4	95.5	38.8
RCJY15/16 bearing	23.813	95.5	38.8

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.