In a bit of bad timing, A123 Systems, the advanced battery manufacturer which received one of the Energy Department’s stimulus grants to fund its operations, filed for Chapter 11 bankruptcy protection today, and will in all likelihood default on some debt. The battery maker did say that it would sell its automative facilities in Michigan [...]
A123 Systems Bankruptcy a Consequence of Consolidation Rather Than “Stimulus Bust” |
| By: David Dayen Tuesday October 16, 2012 12:14 pm |



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