Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

World Kitchen Set to Emerge from Bankruptcy
Dec 31, 2003
 Printable format
 Email this Article
 Search

CORNING World Kitchen Inc. should receive legal clearance to emerge from bankruptcy in mid-January.

A hearing to consider the case-closing motion for the company's bankruptcy will be heard on Jan. 12, 2004 in a U.S. Bankruptcy Court for the Northern District of Illinois, U.S.

The reorganization plan will allow the company to eliminate more than half its U.S. $811 million debt, according to court documents.

Company officials have said the plan will also increase the company's flexibility, allowing it to expand into new markets.

World Kitchen filed for bankruptcy protection in May 2002 after accruing unmanageable debt through the buy-outs of other houseware companies, including EKCO and General Housewares, in 1999.

World Kitchen manufactures a range of products -- from cookware to kitchen utensils -- under the brand names of Corelle, CorningWare, Revere, Pyrex, Visions, OXO, EKCO, Chicago Cutlery, and Regent Sheffield, Baker's Secret. (The Leader Online)

Back to Daily News

 

Daily News

...........................................................

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

Oct 22, 2014: ACCA wants the HVAC manufacturers to develop open, universal communication protocols

Oct 22, 2014: IHA launches website to connect OEMs with consumers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows