Article: Future of South Bend, Ind., Metal Stamping Company Still Unclear.

Knight Ridder/Tribune Business News

Jul. 15 -- The situation at South Bend Stamping remains unclear.

"At this point, we are not sure what we are going to do," Holger Butcher said Wednesday. He is a spokesman for Maynard Industries Limited, a Vancouver, British Columbia-based property and machinery liquidation firm.

South Bend Stamping is owned by Tecumseh Metal Products Corp., of Farmington Hills, Mich.

Tecumseh is engaged in bankruptcy proceedings in Detroit. As part of those proceedings, Maynard Industries purchased the rights to sell off the machinery and equipment of South Bend Stamping, an auto parts manufacturing operation that ...

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