BNET Industries
Federal-Mogul Corp. (FEMO W) is in the Auto Industry
- Revenue
- Dec 31 2007
- $6.9B
- Profit
- Dec 31 2007
- $1.4B
- Market Cap
- Oct 06 2008
- $908.5M
Latest News and Analysis
Cooper Industries Announces That Court Has Issued an Order in Federal Mogul Bankruptcy
HOUSTON -- Cooper Industries, Ltd. (NYSE:CBE) today announced that the judge overseeing the Federal-Mogul Corp. ("FMC") bankruptcy proceeding approved the plan of reorganization and FMC now anticipates emerging from bankruptcy after the final order is entered by the Federal District Court. As part of the ruling, the Court approved the...
No approval yet for Federal-Mogul plan.(for reorganization)(Brief article)
Byline: Brent Snavely Southfield-based Federal-Mogul Corp. spent four days in bankruptcy confirmation hearings last week in Pittsburgh but was unable to gain approval of a plan. The confirmation hearings have been continued to July 9 and 10, sa Byline: Brent...
Cooper Industries, Ltd.: Federal-Mogul Bankruptcy Confirmation Hearing Extended
HOUSTON -- Cooper Industries, Ltd. (NYSE:CBE) today announced that the confirmation hearing to approve the Federal-Mogul Corp. bankruptcy plan, which commenced on June 18, 2007, did not conclude. The judge overseeing the case has set aside July 9 and July 10 for the purpose of concluding the hearing.
Icahn a big player as Federal-Mogul nears end of six-year bankruptcy.(Federal-Mogul Corp. being acquired by Carl Icahn)
Byline: Brent Snavely Almost six years after entering Chapter 11 bankruptcy to escape asbestos litigation, Southfield-based Federal-Mogul Corp. may be on the verge of exiting bankruptcy with legendary corporate buyout artist Carl Icahn as its larg Byline: Brent Snavely Almost...
Week In Review; From www.crainsdetroit.com, Week of June 2-8.(Lason Inc.'s William Rauwerdink accused for manipulating financial conditions of the company)(Federal-Mogul Corp. plans for bankruptcy)(Detroit Economic Development Corp. approved plans for Tig
Ex-Lason executive gets 45 months in prison Former Lason Inc. CFO William Rauwerdink was sentenced Wednesday to serve 45 months in prison for his role in covering up the true financial condition of the troubled company in 1999. Rauwerdink, 57, o ...
Federal-Mogul: Returning to path; Supplier ready to pursue acquisitions after leaving Ch. 11.(Federal-Mogul Corp. appointed Jose Maria Alapont )(Carl Icahn investing in Federal-Mogul Corp.)
Byline: Robert Sherefkin, David Barkholz Crain News Service Jose Maria Alapont is getting ready to take the new Federal-Mogul Corp. out of five years of expensive Chapter 11 reorganization. To do that, the CEO will resume a global march started by Byline: Robert...
bulletins.(Paccar plans Cummins 6L and 8L engines on Peterbilt and Kenworth medium-duty trucks.)(Carlisle Industrial Brake & Friction offers a new park/secondary brake.)(Federal-Mogul Corp. has introduced a line of through-hardened heavy-duty roller b
Paccar announced that Cummins 6L and 8L engines will be standard on Peterbilt and Kenworth medium-duty trucks beginning Jan. 1, 2007. The engines will appear with the Paccar name badge. According to Paccar, the agreement is a natural extension of t Paccar announced that...
Federal-Mogul Corp. Honored by General Motors as 2005 Global Supplier of the Year
SOUTHFIELD, Mich. -- Federal-Mogul Corporation (OTCBB:FDMLQ) was named a General Motors Global Supplier of the Year for its overall business performance in providing GM with world-class powertrain products and technology. The award was given during ceremonies held Saturday, April 29, at the General Motors Technical Center in Warren, Michigan.
Dana to close Muskegon foundry; Federal-Mogul will supply piston rings.(Metalcasting News)(Brief Article)
Dana Corp. has agreed to source its gray iron castings for piston-ring manufacturing from Federal-Mogul Corp. through a new long-term agreement. The decision will lead to closing Dana's foundry operation in Muskegon, MI, by the end of the third-quart Dana Corp. has agreed to source its...
Federal-Mogul mulls T&N sale as 'market test' in pension flap.(News)(T and N PLC)
Byline: TERRY KOSDROSKY SOUTHFIELD, Mich.-Bankrupt auto supplier Federal-Mogul Corp. may put its T&N P.L.C. assets in the United Kingdom up for sale, at least to see what price they would fetch. The move came recently after the T&N pensi Byline: TERRY...
Federal-Mogul may put T&N assets on the block.(News)
Byline: Terry Kosdrosky Bankrupt auto supplier Federal-Mogul Corp. may put its T&N plc assets in the United Kingdom up for sale, at least to see what price they would fetch. The move came last week after the T&N pension trustee rejected ...
Abex adds high-temp linings.(Brief Article)
Designed for high performance and severe-duty heavy truck applications, three Abex advanced friction material brake linings have been introduced by Federal-Mogul Corp. A new semi-metallic combination block is a high-performance lining rated u Designed for high performance and...
New chairman/CEO at ArvinMeritor.(chief executive officer)(ArvinMeritor Inc.,)(Brief Article)
Directors of ArvinMeritor Inc. named Charles G. "Chip" McClure to the posts of chairman, chief executive officer, and president, as of August 9, 2004. McClure has been president, CEO, and a director Federal-Mogul Corp. He succeeds Larry Yos Directors of ArvinMeritor Inc. named Charles G. "Chip"...
MEGA moves could target Federal-Mogul plan.(News)(Michigan Economic Growth Authority )
Byline: Amy Lane Measures to broaden Michigan's main business-incentive program are rising fast and heading through the Legislature, probably starting this week. The immediate beneficiary may be Southfield-based auto supplier Federal-Mogul Corp Byline: Amy Lane Measures to...
Federal-Mogul Corp.(ERJ People)(Brief Article)
* FEDERAL-MOGUL CORP. has changed its senior management: Gerhard Boehm becomes senior rice president, Powertrain. John Tobiczyk, vice president, manufacturing support, will add responsibility for advanced development. Michael Lynch, executive rice pr * FEDERAL-MOGUL CORP. has changed its senior management: Gerhard Boehm becomes senior rice...
Federal-Mogul has new plan.(ERJ newsbriefs)(Brief Article)
* Southfield, Michigan -- Federal-Mogul Corp. has reached agreement on its amended plan of reorganisation with creditors, the Asbestos Claimants Committee, and agents for future asbestos claimants among others. Federal-Mogul separated its operating p * Southfield, Michigan -- Federal-Mogul Corp. has reached agreement on its...
Suppliers fighting parts counterfeiters; Fake parts cost industry $12b a year.(News)
Byline: Sheri Begin Auto-parts counterfeiters are getting bolder and more pervasive, causing increasing problems for traditional suppliers of the components, such as Federal-Mogul Corp. in Southfield. Counterfeiting costs the global automotive i Byline: Sheri Begin Auto-parts counterfeiters are...
Freudenberg-NOK acquires hose business.(ERJ newsbrief)(Federal Mogul Corp.)
[] Plymouth, Michigan -- Freudenberg-NOK GP paid an undisclosed amount to purchase the Omega power steering hose and rebuild kit business of Federal Mogul Corp. [] Plymouth, Michigan -- Freudenberg-NOK GP paid an undisclosed amount to purchase the Omega power steering hose and rebuild...
New Fed-Mogul boss looks for growth.(News)(Federal-Mogul Corp.'s new CEO)
Byline: Lindsay Chappell Just before his first day on the job as CEO of Federal-Mogul Corp. this month, Chip McClure reflected on two years of litigation and bankruptcy proceedings at the auto parts supplier. "It isn't something I'd recomme Byline: Lindsay...
Perks keep Fed-Mogul in HQ.(News)(Federal-Mogul Corp.'s $38 million deal)
Byline: Terry Kosdrosky, Jennette Smith A slow real estate market and the right to break a lease helped Federal-Mogul Corp. reach a deal to save $38 million and stay at its headquarters. Earlier this year, the company asked a U.S. Bankruptcy Cou...
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- Incorporated: 1924
Federal-Mogul is a global supplier of vehicular parts, components, modules and systems to customers in the automotive, small engine, heavy-duty, marine, railroad, aerospace and industrial markets. Co. provides products for original equipment manufacturersoriginal equipment manufacturers and replacement parts applications, including engine bearings, pistons, piston rings, piston pins, ignition products, fuel products, cylinder liners, valve seats and guides, sealing products, element resistant systems protection sleeving products, electrical connectors and sockets, disc pads and brake shoes, lighting, wiper and steering products.
Key Competitors
Federal-Mogul Corp. Company Info
Board of Directors
Robert S. Miller Jr.
Chmn.
Jose Maria Alapont
John J. Fannon
Paul Scott Lewis
Frank E. Macher
Shirley D. Peterson
John C. Pope
Geoffrey Whalen C.B.E.
Contact Information
26555 Northwestern Highway
Southfield, MI
248 354-7700
