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Supply chain woes push auto supplier to file for bankruptcy - Vimarsana News

Supply chain woes push auto supplier to file for bankruptcy

Instaset Plastics Co. LLC is running out of cash and aiming to secure another loan from a creditor to keep operations going until it is taken over by Holland, Mich.-based Clarion Technologies Inc. The process, known as a 363 sale, is expected to be complete by Oct. 31.

Auto supplier Instaset Plastics Co. to file for bankruptcy after supply chain issues - Vimarsana News

Auto supplier Instaset Plastics Co. to file for bankruptcy after supply chain issues

Instaset Plastics Co. LLC is running out of cash and aiming to secure another loan from a creditor to keep operations going until it is taken over by Holland, Mich.-based Clarion Technologies Inc. The process, known as a 363 sale, is expected to be complete by Oct. 31.