Research and Markets: Federal Mogul Voluntarily Filed for Financial Restructuring
DUBLIN, Ireland, June 3 -- Research and Markets (http://www.researchandmarkets.com/reports/c18567 ) has announced the addition of Federal Mogul: Company Profile 2005 Edition to their offering.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH )
Headquartered in Southfield, Michigan, Federal Mogul employs 45,000 people in 31 countries including established markets of Germany, the UK, France, Italy, Mexico and Canada, and emerging markets of China, India, Thailand and Korea. Federal Mogul's products divided into four main groups: Powertrain (bearings, pistons, piston pins, rings, cylinder liner, valvetrain and transmission); Sealing Systems and System Protection; Friction; and Aftermarket (engine components, gaskets, anti-friction bearings and seals, brake, chassis, wipers, fuel pumps, ignition and lighting).
Federal Mogul owns a number of strong brand names, including AE, ANCO, Carter, Champion, Fel-Pro, Ferodo, Glyco, Goetzo, Moog, National, Nural, Payen, and Sealed Power. Following its acquisition of T&N Plc in 1988, the company has suffered from compensation claims amounting to US$11bn relating to its asbestos liability, mainly stemming from the UK. On 1st October 2001, the company voluntarily filed for financial restructuring under Chapter 11 of the Bankruptcy Code in the US and Administration in the UK.
This company profile includes: - Overview - Worldwide locations - Financial analysis - Competitor analysis - Key events - SWOT analysis - Customers - Products - Product development - Prospects
For more information visit http://www.researchandmarkets.com/reports/c18567
Laura Wood Senior Manager Research and Markets press@researchandmarkets.com Fax: +353 1 4100 980Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH
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