Textile News

Ansan, South Korea, Nov 20, 2009 - - Johnson Controls Automotive Korea recently was recognized by the Korea Academy of Business Ethics in South Korea as a leading enterprise for its outstanding ethical business management.

Leader Energy Services Ltd. felt the brunt of a harsh oil and gas market, but the company was able to narrow its third-quarter losses due to a reduction in interest and amortization charges from their year-ago levels.

Officials and workers at an automotive production plant in Tecumseh, Ont., continue to talk on Thursday as a strike deadline approaches.

In a positive sign that General Motors Co.'s restructuring is off to a good start, the company Monday said it would begin repaying U.S. government loans later this year, ahead of what is required, and that it generated $3.3 billion in cash during the third quarter after emerging from bankruptcy.

Three-quarters into 2009, the common tune among metro Atlanta's biggest firms is this: The economy remains shaky, but we're seeing our way through it and we're laying the groundwork for a turnaround.

Calhoun, Ga. Flooring manufacturer and supplier Mohawk Industries Inc. has appointed W. Christopher Wellborn, the company's coo, to also become its president.

Auto-parts supplier Lear Corp., which emerged from bankruptcy protection two days ago, said Wednesday that it expects sales this year will total $9.5 billion, well below last year's results.

In a Nov. 9 story about Lear Corp. emerging from bankruptcy protection, The Associated Press erroneously reported that third-quarter results would be released on Nov.

Ray Anderson, the pioneering founder and Chairman of Interface, Inc. was an early pioneer of sustainable enterprise.

Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.

MetricStream Enters into Agreement to Provide GRC Platform for Risk based Internal Audit Management to Lear Corporation.

Lear Corp. emerged from Chapter 11 bankruptcy today under the ownership of its secured lenders and bondholders after four months under court protection.

Auto parts supplier Lear Corp., which emerged from bankruptcy protection two days ago, said Wednesday it expects sales this year will total $9.5 billion, well below last year's results.

Hanesbrands Inc. has renewed a pivotal production contract with Unifi Inc., according to a regulatory filing.

Auto parts maker Lear Corp. emerged Monday from four months in bankruptcy protection, saying it has a healthier balance sheet, less debt and a backlog of new business.

Lear Corporation, a leading global supplier of automotive seating systems, electrical distribution systems and electronic products, announced today that it has successfully emerged from its court-supervised financial reorganization with a strong and flexible balance sheet, positive operating results in the Third Quarter, a growing sales backlog and ...

Lear Corp. filed Quarterly Report for the period ended 2009-10-03. Lear Corporation one of the largest independent automotive suppliers in the world.

FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 15 of LEAR BANKRUPTCY NEWS today.

Exxon Mobil Chemical's affiliate TonenGeneral said Wednesday it's launching a 50-50 joint venture with Toray Industries to develop products for the battery separator film business.

W. Christopher Wellborn has been named president and chief operating officer of Calhoun-based Mohawk Industries.