TITLE

Struggling Denman Tire exploring new alternatives

AUTHOR(S)
Mikolajczyk, Sigmund J.; McNulty, Mike
PUB. DATE
July 2009
SOURCE
Rubber & Plastics News;7/27/2009, Vol. 38 Issue 26, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that Denman Tire Corp., which is marking its 90th year in business, has hired Mesirow Financial Inc. to explore various alternatives for the firm to remain viable. CIT Group Inc., primary lender of Denman is on the verge of bankruptcy and U.S. government has rejected its request of loan to survive the ongoing economic recession and remain afloat this year.
ACCESSION #
43886619

 

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