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Supply chain woes push auto supplier to file for bankruptcy

Instaset Plastics Co. LLC is running out of cash and aiming to secure another loan from a creditor to keep operations going until it is taken over by Holland, Mich.-based Clarion Technologies Inc. The process, known as a 363 sale, is expected to be complete by Oct. 31. ....

United States , Christopher Goetz , Us Bankruptcy Court , Instaset Plastics Co , Global Services , Clarion Technologies Inc , Ford Motor Co , Huntington Bank , Motors Co , Instaset Plastics , New Baltimore , Holland Based Clarion Technologies , General Motors , Ford Motor , Meridian Magnesium Products , America Plant , Eaton Rapids , Plastics News ,

Auto supplier Instaset Plastics Co. to file for bankruptcy after supply chain issues

Instaset Plastics Co. LLC is running out of cash and aiming to secure another loan from a creditor to keep operations going until it is taken over by Holland, Mich.-based Clarion Technologies Inc. The process, known as a 363 sale, is expected to be complete by Oct. 31. ....

United States , Christopher Goetz , Us Bankruptcy Court , Instaset Plastics Co , Global Services , Clarion Technologies Inc , Ford Motor Co , Huntington Bank , Motors Co , Instaset Plastics , New Baltimore , Holland Based Clarion Technologies , General Motors , Ford Motor , Meridian Magnesium Products , America Plant , Eaton Rapids , Plastics News ,