Another American automotive supplier was forced into filing for bankruptcy this week, as a result of the current economical environment. As a result of the filing, FormTech is now looking approval to ...

From left: Flexidynamic Holdings Bhd deputy managing director Ben Sin, Flexidynamic independent non-executive chairman chairman Dr Teh Chee Ghee, Flexidynamic managing director Tan Kong Leong, HARPS ...

PETALING JAYA: Flexidynamic Holdings Bhd has entered into two share sale agreements (SSAs) – one with HARPS Investment Asia Pte Ltd (HIA) and another with two minority shareholders – to acquire a 100% ...

Formtech Managing Director Mark Preston called the five month project “a potential gamechanger” in the direction defence design strategy could be headed, and believes it to be well suited to showcase ...

BANGALORE, Aug 27 (Reuters) - FormTech Industries LLC, a supplier of forged metal automotive components, filed for bankruptcy protection and said it would sell its assets to a newly formed unit of HHI ...

(Reuters) – FormTech Industries LLC, a supplier of forged metal automotive components, filed for bankruptcy protection and said it would sell its assets to a newly formed unit of HHI Holdings LLC, a ...

KPS Capital Partners, LP (“KPS”) today announced that its portfolio company, Hephaestus Holdings, Inc. (“HHI”), has completed the acquisition of substantially all the assets of FormTech Industries, ...

The Treasury department announced Thursday that it would provide up to $5 billion in financing to prevent a sudden collapse of the auto parts industry. FormTech Industries is one company that hopes to ...

DETROIT -- Two auto suppliers have used the bankruptcy code to revamp at least 80 percent of their customer contracts, bucking the norm of most automotive bankruptcies seen this year. Both companies, ...

FormTech Industries LLC is seeking a second extension of its exclusive right to file a plan, saying it still hasn't had time to develop a bankruptcy exit strategy due to an involved sale process.