MRO Magazine

Federal-Mogul emerges from Chapter 11

Southfield, MI -- Federal-Mogul Corporation emerged from Chapter 11 on December 27, 2007, the Effective Date of its...


Industry

January 12, 2008
By MRO Magazine

Southfield, MI — Federal-Mogul Corporation emerged from Chapter 11 on December 27, 2007, the Effective Date of its Plan of Reorganization.

“This is an especially exciting time for Federal-Mogul. We begin 2008 with confidence in our future and we are well positioned with our global strategy for sustainable profitable growth,” said Federal-Mogul president and chief executive officer Jos Maria Alapont.

“We have continued during the restructuring process to grow our business globally and have strengthened our financial performance,” Alapont said. “The worldwide Federal-Mogul team is fully dedicated to exceed customer and market expectations by creating value through innovative technology, leading products and service excellence at competitive cost. We are pleased to emerge as a world-class, diversified global supplier.”

Federal-Mogul is a global supplier, serving original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, marine, rail, off-road and industrial vehicles, as well as the worldwide aftermarket and the industrial market.

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For more information, visit www.federal-mogul.com.