TITLE

$3.9 million loss leads to shuffle at JPE

AUTHOR(S)
Sherefkin, Robert
PUB. DATE
November 1996
SOURCE
Automotive News;11/11/1996, Vol. 71 Issue 5686, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the reorganizing of the management team at JPE Incorporation in the wake of a $3.9 million quarterly loss for 1996. Resignation of Gareth Reed as president and chief executive officer; Efforts of company founder, John Psarouthakis to stabilize the company; Challenges effecting the company include higher scrap costs and set up costs.
ACCESSION #
9612040161

 

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