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Chapter 11 bankruptcy

CleanFUEL USA, a manufacturer of alternative fuel equipment for propane autogas, announced that it has filed for Chapter 11 bankruptcy to seek the restructure of its debts.

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A123 Systems to Sell Assets to Johnson Controls for $125 Million

WALTHAM, MA – Johnson Controls plans to acquire A123’s automotive business assets, including all of its automotive technology, products and customer contracts; its facilities in Livonia and Romulus, Mich.; and its cathode powder manufacturing facilities in China.