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US Farathane Corporation

usfarathane.com

Founded Year

1971

Stage

Acq - Fin | Alive

Valuation

$0000 

Revenue

$0000 

About US Farathane Corporation

US Farathane Corporation is a solutions partner to the North American automotive OEM's providing functional black plastic, and interior and exterior plastic components. US Farathane is ISO 9001 and ISO 14001 certified as well as TS 16949 certified. US Farathane customers include Chrysler, Ford, General Motors, Honda, Toyota and several other large global OEM's.

Headquarters Location

2700 High Meadow Circle

Auburn Hills, Michigan, 48326,

United States

248-754-7000

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US Farathane Corporation Patents

US Farathane Corporation has filed 40 patents.

The 3 most popular patent topics include:

  • Plastics industry
  • Injection molding
  • Casting (manufacturing)
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/8/2020

10/4/2022

Muscular system, Casting (manufacturing), Injection molding, Plastics industry, Woodworking

Grant

Application Date

4/8/2020

Grant Date

10/4/2022

Title

Related Topics

Muscular system, Casting (manufacturing), Injection molding, Plastics industry, Woodworking

Status

Grant

Latest US Farathane Corporation News

US Farathane Announces Refinancing of $478 Million of Debt

Mar 22, 2021

March 22, 2021 06:00 AM Eastern Daylight Time AUBURN HILLS, Mich.--( BUSINESS WIRE )--US Farathane (“USF”, or the “Company”), a leading global provider of innovative automotive plastic components and a portfolio company of The Gores Group, announced today that it has completed a refinancing of its term debt. The transaction provides for a $308 million term loan maturing in December 2024 and a $175 million privately placed second-lien term loan due in December 2025. The proceeds will be used to refinance the Company’s existing $478 million term loan which was set to mature in December 2021. “We are pleased to announce the refinancing of our term loan which extends our debt maturity,” said Andy Greenlee, Chief Executive Officer of USF. “Refinancing our term loan allows us to continue our track record for winning new business and remain focused on launch execution. We have a significant amount of new business which has been awarded in recent years set to launch in 2021 and beyond.” About USF With 18 manufacturing facilities in the United States, Mexico, and China and headquartered in Auburn Hills, MI, USF is a leading solutions partner providing functional black plastic, interior and exterior plastic components. USF customers include Stellantis, Ford, General Motors, Honda, Toyota, Tesla and other large global OEMs and tier customers. For more information, please visit www.usfarathane.com . About The Gores Group Founded in 1987 by Alec Gores, The Gores Group is a global investment firm focused on partnering with differentiated businesses that can benefit from the firm's extensive industry knowledge and decades long experience. Over its 35 year history, The Gores Group has partnered with over 120 companies. For more information, please visit www.gores.com . Contacts

US Farathane Corporation Frequently Asked Questions (FAQ)

  • When was US Farathane Corporation founded?

    US Farathane Corporation was founded in 1971.

  • Where is US Farathane Corporation's headquarters?

    US Farathane Corporation's headquarters is located at 2700 High Meadow Circle, Auburn Hills.

  • What is US Farathane Corporation's latest funding round?

    US Farathane Corporation's latest funding round is Acq - Fin.

  • Who are the investors of US Farathane Corporation?

    Investors of US Farathane Corporation include The Gores Group.

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