Metaldyne Corp. is in the Auto Industry

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• American Auto Makers Vow to Regain Lost Car Sales.

  By Ted Evanoff, The Indianapolis Star Knight Ridder/Tribune Business News Aug. 8--TRAVERSE CITY, Mich.--Chrysler, Ford and General Motors now account for less than half of the new cars sold in the United States, their poorest showing since the 1920s. ...

  Research articles 2002-08-08

  Tags: car, Chrysler LLC, Detroit, General Motors Corp., Metaldyne Corp., sales

Additional Resources

• RHJ International: Metaldyne Announces Intention to Accept Tendered Bonds

  Please find enclosed the press release issued today by RHJIannouncing that Metaldyne Corporation ("Metaldyne"), a subsidiary ofAsahi Tec Corporation ("Asahi Tec"), expects that the conditions toits previously announced tender offer to purchase all of itsoutstanding bonds will be satisfied or waived on or about Tuesday,November 25, 2008.Metaldyne therefore expects to...

  Articles 2008-11-25

• Metaldyne Announces Extension of the Early Participation Deadline of Previously Announced Tender Offer

  PLYMOUTH, Mich., Nov. 15 /PRNewswire/ -- Metaldyne Corporation today announced that it is extending the early participation deadline of its previously announced tender offer to purchase all of its outstanding 10% Senior Notes due 2013 ("2013 Bonds") and 11% Senior Subordinated Notes due 2012 ("2012 Bonds"), until 12:00 Midnight,...

  Articles 2008-11-15

• Metaldyne Announces Extension of the Early Participation Deadline of Previously Announced Tender Offer

  PLYMOUTH, Mich., Nov. 13 /PRNewswire/ -- Metaldyne Corporation today announced that it is extending the early participation deadline of its previously announced tender offer to purchase all of its outstanding 10% Senior Notes due 2013 ("2013 Bonds") and 11% Senior Subordinated Notes due 2012 ("2012 Bonds"), until 12:00 Midnight,...

  Articles 2008-11-13

• Metaldyne to Close Plant in Niles, Illinois

  PLYMOUTH, Mich., Nov. 7 /PRNewswire/ -- Metaldyne Corporation, an Asahi Tec company, said today it will close its Niles, Ill., plant, effective March 31, 2009. Metaldyne put its Niles facility into Discontinued Operations in July to be held for sale or closure. Niles is an aluminum...

  Articles 2008-11-07

• Metaldyne Elects Not to Make November 1, 2008 Interest Payment on its 10% Senior Notes due 2013 in Light of Previously Announced Tender Offer

  PLYMOUTH, Mich., Nov. 3 /PRNewswire/ -- Metaldyne Corporation today announced that it has elected not to make the November 1 interest payment on its 10% Senior Notes due 2013 (the "2013 Bonds") at this time. Terry Iwasaki, Metaldyne VP and CFO, said "We have elected not to...

  Articles 2008-11-03

• RHJ International: Metaldyne Launches Cash Tender Offer for its Bonds

  Please find enclosed the press release issued today by RHJIannouncing that Metaldyne Corporation ("Metaldyne"), a subsidiary ofAsahi Tec Corporation ("Asahi Tec"), will launch a tender offer forall of its currently outstanding senior and senior subordinatednotes. RHJ International (Euronext: RHJI) is a diversified holding companyfocused on creating...

  Articles 2008-10-30

• Metaldyne Launches Cash Tender Offer for Its Bonds

  PLYMOUTH, Mich., Oct. 30 /PRNewswire/ -- Metaldyne Corporation today announced it has launched a cash tender offer for 100% of its outstanding bonds, which have a combined aggregate principal amount of $392.2 million. Cash for the tender offer, along with cash for general funding purposes, will be provided by...

  Articles 2008-10-30

• RHJ International: RHJI Subscribes to 25,636,600 Newly Issued Shares of Asahi Tec

  Please find enclosed the press release issued today by RHJIannouncing that it has subscribed to 25,636,600 of newly issuedshares of Asahi Tec Corporation ("Asahi Tec") for an aggregate amountof JPY 1,051,100,600, as part of its previously announced commitmentto provide additional capital of up to JPY 3,200 million. Asahi Tecwill use...

  Articles 2008-10-14

• Metaldyne Signs Agreement to Divest GLO to SKF

  PLYMOUTH, Mich., Sept. 2 /PRNewswire/ -- Metaldyne Corporation, an Asahi Tec company, today announced it has entered into an agreement to divest its GLO S.r.L. operation in Poggio Rusco, Italy, to AB SKF of Goteborg, Sweden. The decision to divest this operation is another step in Metaldyne's...

  Articles 2008-09-02

• Sweden's SKF Group acquires Italian joints and drive shafts maker GLO Srl

  NORDIC BUSINESS REPORT-2 September 2008-Sweden's SKF Group acquires Italian joints and drive shafts maker GLO SrlC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Swedish seals and bearings manufacturer SKF Group (OMX Stockholm: SKF A) announced on Tuesday (2 September) that it has agreed to acquire the Italian company GLO Srl from...

  Articles 2008-09-02

• Metaldyne to eliminate automotive manufacturers, including diecaster

  Metaldyne Corp., Plymouth, Mich., will seek to divest one of its metalcasting operations, putting its diecasting plant in Niles, Mich., up for sale, as well as a machine shop in Middleville, Mich. The company, which was acquired by parent Asahi Tec, Shiuzuoka, Japan, several years ago, completed the...

  Articles 2008-08-01

• RHJ International: RHJI Subscribes to 22,500,000 Newly Issued Shares of Asahi Tec

  Please find enclosed the press release issued today by RHJIannouncing that as part of its commitment, previously announced onJune 13, 2008, to subscribe to up to 40,000,000 of newly issuedshares of its portfolio company, Asahi Tec Corporation, it hassubscribed to 22,500,000 of such shares, at JPY 80 per share, for...

  Articles 2008-07-14

• Metaldyne finalizes production transfer in facility closures

  Metaldyne LLC, Plymouth, Mich., has completed the closure of two of its U.S. metalcasting plants, moves it announced in early 2007, and released the destination of the discontinued production. The company, acquired by Asahi Tec, Shizuoka, Japan, several years ago, announced the closure of its Farmington Hills, Mich.,...

  Articles 2008-06-01

• RHJ International: Asahi Tec's "Plan to Win" Restructuring Plan for Metaldyne

  Please, find enclosed the press release issued today by RHJIannouncing that its portfolio company, Asahi Tec Corporation, issueda press release highlighting progress made against its "Plan to Win"restructuring plan for Metaldyne. RHJ International (Euronext: RHJI) is a diversified holding companyfocused on creating long-term value for its shareholders byacquiring and operating...

  Articles 2008-05-30

• Littler Mendelson Welcomes Robert J. Battista to Growing Washington, D.C., Office

  Nation's Largest Employment Law Firm Adds Former Chairman of the National Labor Relations Board WASHINGTON -- Littler Mendelson Littler, the nation's largest employment and labor law firm representing management, today announced the addition of Robert J. Battista, former chairman of the National Labor Relations Board NLRB, to its...

  Articles 2008-05-05

• Metaldyne to supply components for Chery

  Metaldyne, an Asahi Tec company, has won a contract to supply key powertrain and chassis components to support a future vehicle produced by China's Chery Automobile Co. Ltd. The agreement follows the official opening of Metaldyne's first manufacturing China facility in Suzhou in 2007, which allowed the company to...

  Articles 2008-04-01

• Peter Frieling Named to Key Sales Position at Coherix

  ANN ARBOR, Mich. -- Peter J. "Pete" Frieling has been named North American automotive sales manager for Asian OEM sales at Coherix. Frieling's accounts will include automotive transplant companies such as Honda, Hyundai, Nissan and Toyota. He also will work with major automotive suppliers such as Bosch, Borg...

  Articles 2008-03-31

• Metaldyne's Jun Xin Achieves SAE Fellowship Status

  To: AUTO EDITORS Contact: Marge Sorge, Metaldyne, +1-734-578-6507 PLYMOUTH, Mich., March 13 /PRNewswire/ -- Jun Xin, managingdirector, engineering-China at Metaldyne Corp., has been recognizedby SAE International with Fellowship grade status. SAE Fellowship status is the highest grade of membership bestowedby SAE International. It recognizes outstanding engineering andscientific accomplishments...

  Articles 2008-03-13

• Auto News digest.(Briefs)(BorgWarner Inc. reports its income)(Visteon Corp. sold it operations to Centrum Properties Inc.)(Metaldyne Corp. to supply chassis and powertrains to Chery Automobile Company Ltd.)(Financial report)

  BorgWarner profits rise DETROIT - Supplier BorgWarner Inc. said last week that fourth-quarter net income rose to $71.2 million on revenue of $1.37 billion, up from $40.9 million on revenue of $1.20 billion for the same period a year earlier. For 2007, BorgWarner,...

  Articles 2008-02-11