Cerion technologies liquidating trust


18-Nov-2014 12:27

1996 - 2001 LLC, Scripophily.net, Gift of History (TM), Old Stock Exchange (TM), Wall Street History - Lost and Found (sm) All Rights Reserved. If you have any questions, or want to know more about our Corporate Employee and Executive Gift Programs , please send us an Email or call our toll free number at 1-888-STOCKS6 (1-888-786-2576.) or direct 703-787-3552.You may link to the site, but do not copy any images or information without our expressed written permission. By automating more of its manufacturing processes and reducing its reliance on paper with a single ERP, Kirsh has optimized operations and boosted employee productivity.The Lynchburg plant would leave 192 workers without jobs, while the Radford plant would idle 76 more. Continental Castings is a subsidiary of Perry Machine & Die, in Perry, MO, that produces castings for the home furnishings, automotive, industrial, sporting goods, and communications markets.Two nonferrous diecasting operations — in Monroe City and Palmyra, MO — reportedly have been sold to Continental Castings L. Kirsh Foundry wanted to increase efficiency and productivity, enable access to real-time information, and further decrease its dependence on paper. Intermet filed for Chapter 11 bankruptcy in August 2008. The company has not commented on the circumstances, but an Intermet representative directed inquiries to a “liquidating trust.” No further response has been received.Get access to over 18 million research reports from over 1,700 sources.

Earlier this year, Intermet was understood to be a target of Cerion L. C., an auto-parts manufacturing group being formed by investors through the acquisition of distressed assets. Two Intermet Ferrous Group foundries in Virginia — the Archer Creek Foundry in Lynchburg and the New River Foundry in Radford — are marked for shutdown according to local reports.Cerion previously acquired several diecasting operations from the bankrupt Contech L. Local officials in those communities have been informed of the closings.In an effort to streamline our website, analyst research will now be available from our dedicated page for Thomson Reuters On Demand, and the Reuters service will discontinue as of September 30, 2016.Thomson Reuters On Demand provides over 18 million research reports from 1,700 sources.

The company has manufactured of cast, diecast, and pressure-cast components for automotive, commercial vehicle, and industrial markets.In September of this year, the federal judge overseeing the bankruptcy ordered the assets to be liquidated, records show.



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