TRUST successfully reorganized in Japan, GReddy in the U.S. churning along - Zilvia.net Forums | Nissan 240SX (Silvia) and Z (Fairlady) Car Forum

ZilviaBot · 03-12-2009, 08:23 PM

03-12-2009 05:03 PM

Filed under: Aftermarket, Tuners, Japan

This past September, Trust Co. LTD - the parent company of GReddy Performance Products in the U.S. - declared the Japanese equivalent of Chapter 11. According to a release from the aftermarket parts supplier, Trust has successfully completed the reorganization process (known in Japan as Minji-Saisei-Hou) and is hoping to be completely back on its feet within the next few months. During the reorganization, both Trust and GReddy have maintained its workforce here and abroad, developed new components, continued to produce parts and serviced its clients around the world. While we're happy to hear about GReddy's future involvement in the aftermarket, this won't be the first or last filing from a performance part supplier as the auto-apocalypse continues.Continue reading TRUST successfully reorganized in Japan, GReddy in the U.S. churning along

TRUST successfully reorganized in Japan, GReddy in the U.S. churning along originally appeared on Autoblog on Thu, 12 Mar 2009 18:03:00 EST. Please see our terms for use of feeds.

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**ThatGuy** · 03-12-2009, 08:26 PM

Gee, I wonder how many of the knock-off companies will have to file for bankruptcy?

Oh, that's right, they'll just make even crappier parts to sell to the mindless masses.

Good to see Trust getting back on it's feet.

JeremyR · 03-12-2009, 10:37 PM

i am glad that i helped contribute to them!

when i purchased greddy intake kit a few weeks back

LongGrain · 03-12-2009, 10:47 PM

good to hear

Andrew @ 240sxMotoring · 03-13-2009, 08:16 AM

I always trusted that they would get out of this one.

03-12-2009, 08:23 PM	#1
ZilviaBot Zilvia.net Bot Join Date: Aug 2007 Posts: 199 Trader Rating: (0) Feedback Score: 0 reviews	TRUST successfully reorganized in Japan, GReddy in the U.S. churning along 03-12-2009 05:03 PM Filed under: Aftermarket, Tuners, Japan This past September, Trust Co. LTD - the parent company of GReddy Performance Products in the U.S. - declared the Japanese equivalent of Chapter 11. According to a release from the aftermarket parts supplier, Trust has successfully completed the reorganization process (known in Japan as Minji-Saisei-Hou) and is hoping to be completely back on its feet within the next few months. During the reorganization, both Trust and GReddy have maintained its workforce here and abroad, developed new components, continued to produce parts and serviced its clients around the world. While we're happy to hear about GReddy's future involvement in the aftermarket, this won't be the first or last filing from a performance part supplier as the auto-apocalypse continues.Continue reading TRUST successfully reorganized in Japan, GReddy in the U.S. churning along TRUST successfully reorganized in Japan, GReddy in the U.S. churning along originally appeared on Autoblog on Thu, 12 Mar 2009 18:03:00 EST. Please see our terms for use of feeds. PermalinkÂ\|ÂEmail thisÂ\|ÂComments More...

03-12-2009, 08:26 PM	#2
ThatGuy Admin Asshole Join Date: Mar 2002 Location: Retired Age: 41 Posts: 20,394 Trader Rating: (0) Rides Gallery: ThatGuy Feedback Score: 0 reviews	Gee, I wonder how many of the knock-off companies will have to file for bankruptcy? Oh, that's right, they'll just make even crappier parts to sell to the mindless masses. Good to see Trust getting back on it's feet. __________________ "Speak softly,..." -Pres. Teddy Roosevelt "Be polite, be professional, ..." -Gen. James Mattis

03-13-2009, 08:16 AM	#5
Andrew @ 240sxMotoring Zilvia Addict Join Date: Feb 2007 Location: New Haven, CT Posts: 789 Trader Rating: (17) Rides Gallery: Andrew @ 240sxMotoring Feedback Score: 17 reviews	I always trusted that they would get out of this one. __________________ Andrew @ 240sx Motoring Milford, CT @ 203-783-1422 (ext. 112) Read what people have to say about 240sxMotoring!

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03-12-2009, 10:47 PM	#4
LongGrain Post Whore! Join Date: Sep 2006 Location: Midwest Posts: 2,741 Trader Rating: (5) Feedback Score: 5 reviews	good to hear