Predict your next investment

Corporation
INDUSTRIAL | Manufacturing / Rubber & Plastic Product Manufacturing
usfarathane.com

See what CB Insights has to offer

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.

US Farathane Corporation Headquarter Location

2700 High Meadow Circle

Auburn Hills, Michigan, 48326,

United States

248-754-7000

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

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

US Farathane Corporation Patents

US Farathane Corporation has filed 38 patents.

The 3 most popular patent topics include:

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

Application Date

Grant Date

Title

Related Topics

Status

12/10/2018

8/24/2021

Casting (manufacturing), Injection molding, Plastics industry, Metalworking, Polymers

Grant

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

12/10/2018

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Grant Date

8/24/2021

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Title

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Related Topics

Casting (manufacturing), Injection molding, Plastics industry, Metalworking, Polymers

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Grant

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

US Farathane Corporation Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

US Farathane Corporation Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.