DETROIT (AP) -- A Detroit-area automotive supplier with nearly 1,800 employees has filed for protection from creditors after losing its contracts with the Detroit automakers.
Troy, Mich.-based Noble International Ltd. filed for Chapter 11 bankruptcy protection Wednesday in U.S. Bankruptcy Court in Detroit. The company told investors earlier this month that General Motors Corp., Ford Motor Co. and Chrysler LLC decided to transfer their business to other suppliers.
Noble makes steel structures used for doors, fender side panels and other vehicle parts. Its largest stockholder is steel giant ArcelorMittal S.A. and reported sales of $374.2 million from continuing operations.
The Detroit Free Press says Noble's bankruptcy filing also came after the departures of CEO Tom Saeli and Chief Operating Officer Frank Sovis.