Struggling Denman Tire exploring new alternatives

Mikolajczyk, Sigmund J.; McNulty, Mike
July 2009
Rubber & Plastics News;7/27/2009, Vol. 38 Issue 26, p6
Trade Publication
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.


Related Articles

  • A lousy anniversary. Noga, Edward // Rubber & Plastics News;7/27/2009, Vol. 38 Issue 26, p8 

    The article presents views of the author on the state of Denman Tire Corp., the maker of off-highway, agricultural and commercial tires. The author says that Mesirow Financial Inc. has been hired by the company to study alternatives for the business. The author says that the lousy economy along...

  • Denman exploring options as firm attracts possible suitors. Mikolajczyk, Sigmund J.; McNulty, Mike // Tire Business;7/20/2009, Vol. 27 Issue 8, p1 

    The article informs that Denman Tire Corp. is evaluating its options to remain viable after being buffeted on several fronts. Denman's primary lender CIT Group Inc. is on the verge of bankruptcy and its request in early 2009 for a U.S. government loan in an effort to drum up new business went...

  • Maitland Group throws in the towel after one year in Cayman. Dowell, Katy // Lawyer;9/14/2009, Vol. 23 Issue 35, p5 

    The article reports on the move of Maitland Group to close its law firm office in Cayman Islands. It is said that Maitland established office in Cayman in 2008 to join the offshore legal world with the appointment of Sara Collins as the head the Cayman operation. It is cited that as a part of...

  • LAS VACAS FLACAS NO SE ALIMENTAN DE TLC. Huamanchumo, C├ęsar // Agro Enfoque;oct2013, Vol. 28 Issue 190, p44 

    No abstract available.

  • chapter 4: Special Report.  // Argentina Business Forecast Report;2010 1st Quarter, p31 

    The article offers information on the difficult global financial problems including the auto and banking sector bailout of the U.S., the infrastructure spending of Australia and the huge export credit guarantee of Russia.

  • Local bankruptcy filings skyrocket. Saphir, Ann // Crain's Chicago Business;11/16/2009, Vol. 32 Issue 46, p16 

    The article informs that bankruptcy cases in Chicago, Illinois, have increased significantly after the global financial crisis of 2008. 259 businesses have filed for Chapter 11 bankruptcy protection in 2009 in the Northern District of Illinois, which is more than fourfold from last year. Many of...

  • Bankruptcy filings in state up 64 percent in first nine months of 2009. Knightly, Arnold M. // Las Vegas Business Press (10712186);10/26/2009, Vol. 26 Issue 43, pP16 

    The article reports that bankruptcy filings in Nevada has risen to 64% during the first nine months of 2009 due to the economic downturn. It adds that the rate of bankruptcies in Nevada has surpassed all other states' per capita rates. There were 21,969 bankruptcies filed in the Bankruptcy Court...

  • Managing your money in a low interest rate environment.  // New Zealand Doctor;10/7/2009, p31 

    The article presents a strategy to manage financial matters in a declining economy. Research on global financial affairs and investments trading for the past two years have shown large-scale changes such as worldwide credit predicament, collapse of major corporations, and cumulative potential...

  • Failures on the rise. Lindhe, Jane // BRW;3/3/2011, Vol. 33 Issue 8, p12 

    The article reports on the increase in business failures in Australia in 2010 due to the global financial crisis.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics