Exide Technologies filed voluntary Chapter 11 bankruptcy for its U.S. operations on Monday morning.
The producer of lead-acid batteries (Nasdaq: XIDE) based in Milton, Ga., negotiated $500 million in debtor-in-possession financing from JPMorgan Chase. That money will allow its production operation to continue, including at its plant in Kansas City, Kan., where it has 250 employees.
Exide invested $7 million in the Kansas City plant in 2009, expanding its operations there for the second time in…
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