Checker Motors Corp. is asking a bankruptcy court to approve its sale to a Canadian automotive supplier for $1.6 million. Documents filed in U.S. Bankruptcy Court say Windsor, Ontario-based Narmco Group LLC proposes buying Kalamazoo-based Checker, which has operated under Chapter 11 bankruptcy protection since Jan. 16. The Kalamazoo Gazette says Judge James D. Gregg will hold a hearing on the sale June 9 in Grand Rapids. Checker produced taxicabs in Kalamazoo until 1984 before becoming a supplier of stamped metal parts to automakers, primarily General Motors Corp. Narmco also supplies GM and more than a dozen other automakers and suppliers. The court documents do not mention the fate of Checker's Kalamazoo operations or its approximately 250 employees, should the sale be approved. Source: http://www.businessweek.com/ap/financialnews/D98HJBNO0.htm
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Canadian auto supplier seeks to buy Checker Motors
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