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GReddy Announces Filing for Bankruptcy
Monday, October 13, 2008 – 12:20 pm | No Comments
GReddy Announces Filing for Bankruptcy

GReddy Performance Products sent out a press release on October 10, 2008 stating that it has also filed for bankruptcy in the U.S. This news follows last month’s filing of GReddy’s parent company TRUST Co. LTD. for the equivalent of a U.S. Chapter 11 reorganization plan in Tokyo, Japan. GReddy carefully states, however, that normal business and flow of inventory will continue to operate as normal and will not be affected.