Why Mexican Industries failed

Strong, Michael
July 2001
Automotive News;7/9/2001, Vol. 75 Issue 5938, p20
Trade Publication
Reports on the closure of Mexican Industries in Michigan Inc. in June 2001. Filing for Chapter 11 bankruptcy; Debts owed to the company's unsecured creditors; Founding of the company by Hank Aguirre in 1979; Fraud lawsuit filed by UAW Local 600 against the Aguirre children; Firm's manufacture of steering wheels, instrument panels, airbags and spare-tire covers.


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