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Accuride’s Bankruptcy Effect On the Brake Drum and Wheel-End Industry

Accuride’s Bankruptcy Effect On the Brake Drum and Wheel-End Industry

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Heavy-duty wheel and wheel-end manufacturer Accuride Corporation filed for Chapter 11 bankruptcy on October 9, 2024.  In a Chapter 11 bankruptcy, a company will typically reorganize their debt and finances and emerge successfully as a going concern.  The repayment plan to creditors is decided by creditors and the bankruptcy court but their interest is to keep the…

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