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Posted:
Jul 19, 2012
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Li-ion battery maker Valence Technology files Chapter 11

Lithium-ion battery manufacturer Valence Technology, Inc. has filed a voluntary petition for a chapter 11 business reorganization in the US Bankruptcy Court for the Western District of Texas. The business reorganization is intended to bolster the Company’s liquidity in the US and abroad and enable it to focus on its core lithium phosphate markets. Valence is …
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Posted:
Apr 11, 2012
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Azure Dynamics Stops Production, Files for Bankruptcy

Azure Dynamics, a company based in Vancouver, British Columbia and Oak Park, Michigan, has filed for bankruptcy protection in both Canada and the United States. In doing so, it has ceased all production and closed three of its four facilities, keeping only the Vancouver headquarter offices open. The closures mean 120 green jobs lost as …
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