
First Brands Group Layoffs: 2,000 Jobs Cut
About this episode
First Brands Group, the auto parts manufacturer, is facing severe financial troubles, leading to massive layoffs and plant closures. The company, known for brands like FRAM, Autolite, and ANCO, has filed for Chapter eleven bankruptcy and is losing over two thousand jobs across multiple states. The closures include major manufacturing and distribution sites, with more potential shutdowns on the horizon.
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Durham News Today | 2 Min News | The Daily News Now! — First Brands Group Layoffs: 2,000 Jobs Cut. Machine-transcribed; use the interactive transcript above to jump the player to any line.
From the Daily News Now Network, this is Corey with Durham News Today. First Brands Group, the bankrupt maker of auto parts like fram filters, auto light spark plugs, and ankle wipers, is ramping up layoffs and plant. Closures, as its financial woes worsen. The company filed for Chapter 11 bankruptcy and can't line up buyers or backers to keep things afloat. Earlier this week, after cutting over 1,200 jobs by shedding 4 Ohio plants, new filings revealed more pain ahead. In Brownsville, Texas, three facilities are closing. April 30th, including a major manufacturing site and a distribution center, wiping out 5, 171 positions from machine operators to warehouse staff. Meanwhile, in Fadeville, Tennessee, their modding and die plan is also closing on the same date, affecting 333 workers like, technicians and supervisors. These non-union employees will get help from state workforce agencies for retraining and job placement. The cuts span multiple states, including Indiana, Kansas, Kentucky, Michigan, Illinois,
South Carolina, and California, pushing the total job losses. Past 2000. First Brands supplies after market parts for cars, trucks, and fleets through a portfolio of 24 brands. With fraud charges hanging over former executives and no rescue in sight, the company faces an uncertain path. People say more closures could follow as restructuring drags on. Dean in this sponsored by our partner. Layback. Press Play. Let the pillow do the rest. Sound meets comfort. S-O-L-I-S-O-L-P-L-O dot com.
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